Y Combinator-backed fintech CapWay has shut down | TechCrunch
CapWay, a fintech aiming to help those in banking deserts, has shut down, although its founder Sheena Allen vows to continue advocating for financial inclusion.
Mapped: All the areas which are losing high street banks
Over 390 UK towns lost their last local bank in the past two years, leading to concerns of banking deserts.
Labour Party criticizes major banks like Barclays, NatWest, and Lloyds for closing branches, leaving areas without alternatives.