Banking Infrastructure
topic on 1 show · 2 statements across 2 episodes
2 statements about Banking Infrastructure, every show
Strange: US banking infrastructure costs $10-$30 monthly per account
“If you want to stand up banking infrastructure with all the software and, you know, especially in the U S it's going to cost you know, 10 to 30 dollars a month just to keep the lights on.”
Strange: Banking-as-a-service shifts founder advantage from payments expertise to customer insight
“What it does is it places a much bigger importance on do you have a deep customer understanding, and hence a really great idea of a product that customers need, and a great idea around distribution, versus do you come from a banking infrastructure payments bac…”