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Re:Chime is laying off 12% of its workforce by toomuchtodo on Wednesday November 02, 2022 @06:02PM (#33443534)
The target market for these fintechs is typically your unsophisticated financial services consumer. Anyone else is better off at a commercial bank or brokerage, and I’ll go out on a limb and say the cohort I mention is better off there too if they select carefully to optimize for the services they need without the fees.

(I contribute at an org adjacent to deposit fintechs and was an early BankSimple customer)

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