Why FinTechs Need More Than One Sponsor Bank
In today’s fast-paced financial technology landscape, having dependable sponsor bank partnerships is essential for FinTech companies. These banks provide the necessary regulatory framework, infrastructure, and services that enable FinTechs to operate and innovate. However, recent industry events, such as the Synapse fallout, have highlighted a crucial vulnerability: reliance on a single sponsor bank can lead […]
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