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Fintech Recap: BaaS Breakdown, Super App Déjà Vu, and the Tomo Trainwreck

Fintech Takes

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Navigating the BaaS Landscape

This chapter explores the middleware platform Increase and its respect within the fintech community, especially under Dara Buckley's leadership as he attempts to acquire Twin City Bank Corp. It examines the regulatory challenges and strategic exits of several banks within the banking-as-a-service (BaaS) sector, while highlighting the evolving integration of technology and banking operations. The discussion emphasizes the need for compliance, the importance of accurate terminology in the industry, and the potential for consolidation in the BaaS ecosystem.

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