Plenty of Internet Startups are targeting the Un-Banked, Un-Invested, and Bank savvy points/cashback & points chasers!
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These fin-techs as they are termed rely on traditional banks to provide the basic account and banking functionality. These services mostly consider themselves financial technology firms,… as they
mainly function on, and feature tools that are accessed via app and or website only!
These fin-techs get there start-up funding to gain and acquire customers from investors ( in the tune of millions of dollars ) and they use the funds to offer bonuses and use technology to save
on the experiences of traditional branch banks, and the debit cards they issue also earn then a percentage of the transaction fees charged to businesses.
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