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452. Insights: Banking as a Service - the tech behind fintech
Fintech Insider Podcast by 11:FS
Do Small Speed to Market Providers Make a Difference?
Monzo, they chose to go prepaid first with with Wirecard and GPS. That was their rapid route to market and that's how they stole the map march on that original Challenger Bank race. Starling had decided to actually build everything from scratch themselves from a banking service perspective. And I think this is kind of one of the fundamental areas of banking as a service. It is the most exciting that it kind of gives both small speed to market for people that want to launch new customer propositions.
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