Upgrade’s Bank Ambitions Show How FinTech Growth Expands Choices
By PYMNTS
Source excerpt · PYMNTS
As FinTechs scale, they bring banks more deposits, loans, transactions and fees while gaining more choice over which institutions provide the funding and infrastructure behind them. Upgrade facilitated more than $53 billion in credit through a model built with banks and loan buyers when it applied this week to establish its own bank, PYMNTS reported […] The post Upgrade’s Bank Ambitions Show How F…