Alternative Financial Services

topic on 1 show · 2 statements across 1 episodes

the a16z Podcast

2 statements about Alternative Financial Services, every show

a16z Assertion Supported
Strange: People making well over median income use alternative financial services
“The second misperception is that it's mostly minimum wage workers that use these services. And as you can see on the rights, yes, more than 25% of those making 15,000 dollars use them, but those well over the median income also use many of these services.”
Angela Strange Jan 21, 2018 ▶ 1:36 The Next 3 Billion in Financial Services
a16z Assertion Contradicted
Strange: 50% of Americans use alternative financial services over traditional banks
“It might surprise you to learn that 50% of the American population would come up with an entirely different set of names. And that's because they think of cash checking, or prepaid debit cards, remittances, payday loans, and come up with names like Check and G…”
Angela Strange Jan 21, 2018 ▶ 0:30 The Next 3 Billion in Financial Services

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