TLDR
Fintech has benefited from the impact of the pandemic of the global financial crisis. The “buy-now-pay-later” superstar Klarna’s recent fundraise put its valuation at over $10bn. The dispatch of the US federal stimulus package has given neobank startup Chime the opportunity to acquire tons of new customers by pre-funding the stimulus. Traditional financial services can easily build an interactive website or an app to appear millennial-friendly, but it's much harder for them to re-invent their risk management and operations for the new age.via the TL;DR App
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Written by charliecliu | Co-Founder & COO @ Sora Union
ex-Strike, Adyen, Franklin Templeton
