#banking-fees

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fromFortune
2 months ago

Unicorn CEO on the disaster of $1.3 trillion of credit card debt, an all-time high: His fintech wouldn't exist if 'banks had done a better job' | Fortune

Laplanche, who was also the co-founder of LendingClub before leading Upgrade to a $7.3 billion valuation, was unsparing in a recent interview with Fortune. The fintech sector itself, he claimed, "would not even exist if, frankly, banks had done a better job really delighting their customers with product innovation that moves the needle," Laplanche said, arguing that the industry's reliance on "nickel and dime" fees and "unpredictable" costs created the very void that he's spent his whole career filling.
Venture
Higher education
fromSilicon Canals
2 months ago

10 things Boomers remember being free that now cost an absurd amount of money - Silicon Canals

Essential services and opportunities once affordable—such as higher education and basic banking—have become increasingly expensive, imposing heavy financial burdens on younger generations.
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