Why is every startup becoming a bank?

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Why is every fintech or finservices startup becoming a bank? Partially because they can, partially because it can be lucrative, and partially because, we found out, it's a way to juice customers that they've already paid to acquire. Want to make your CAC expenses look more efficient? Stretch out that LTV!

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Tags:
equity
bain capital ventures
venture capital
news
business
startup
banks
deserve
goldman sachs
fintech
influencer