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Michele Alt, Co-Founder of Klaros Group, on the new era for fintechs and bank charters

Fintech One•On•One

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Fintech's New Bank Charters

This chapter explores the emergence of limited purpose bank charters like the Merchant Acquirer Limited Purpose Bank Charter in Georgia, aimed at fintech companies such as Stripe and Fiserv. It also highlights the Speedy Charter in Wyoming, focusing on its role for crypto companies and the anticipated regulatory changes that may facilitate banking for the crypto sector.

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