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Re:Ask HN: What do you wish someone would build? by djhworld on Saturday September 24, 2016 @08:11AM (#12570625)
I don't believe they have a full banking license yet do they?
Re:Ask HN: What do you wish someone would build? by nickjackson on Saturday September 24, 2016 @02:53PM (#12572060)
No, but we are led to believe this wont be long. They recently got partial approval with full approval expected next year. Not bad for a startup that has only been going ~20 months in quite a slow industry.

Money is currently stored with a third party that do have a license, so there are some guarantees that money wont be lost.