The Fintechs Trying to Break Into Banking

Mar 16, 2021

Several prominent fintechs, including Square, Varo Money, Lending Club and SoFi, have either chartered or bought banks recently. Kevin Wack, an award-winning reporter for American Banker, breaks down the different ways fintechs are trying to get into banking, how successful they are likely to be and why many bankers are so angry about it.