likenedthus on Nostr: It’s likely because so many Fintechs fail or get bought out by larger ...
It’s likely because so many Fintechs fail or get bought out by larger banks/corporations that immediately make the product worse or deprecate it entirely. In the past decade, I’ve been a member of Simple, OneFinance, Envel, PointCard, and N26 (US division). Simple was bought out and deprecated by BBVA. OneFinance was bought out and stripped of all its notable features by Walmart. The last three are completely dead, Envel being the most recent. Novel technologies in finance are certainly needed, but the average person isn’t willing to trade stability for innovation.
Published at
2023-07-22 17:52:44Event JSON
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