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As Credit Tightens, FinTechs Look to Deposits for Growth (opens in new tab)

As interest rate uncertainty lingers and wholesale funding becomes more expensive, digital-first financial firms are using high-yield savings accounts to address two challenges. They are trying to attract loyal customers and secure a cheaper, more durable source of capital to fund their lending businesses. The strategy reflects a broader evolution in FinTech business models. […] The post appeared first on <a href="

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