banking branch

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Sep 11, 2023 by David Vélez · across every show →

Everything said about banking branch, oldest first

Sep 11, 2023 positive
Assertion Partly supported
Velez: Branchless digital banking lowers cost-to-serve by 20x to 50x
“The moment we don't need to put a banking branch in every quarter, the cost to serve a customer goes down by 20 to 50 X. The cost to serve somebody goes close to zero.”
David Vélez Sep 11, 2023 ▶ 42:33 David Velez: How AI Changes The Future of Finance | E1059 · 20VC with Harry Stebbings
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