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What would a banking license allow them to do that they can't already? FDIC insurance? Loans?
Probably opens up more markets being able to say they are now FDIC insured.
And checking and savings accounts. No more using other banks to process their transactions. A part of me wishes Cash App did this.
What would a banking license allow them to do that they can't already? FDIC insurance? Loans?
Probably opens up more markets being able to say they are now FDIC insured.
And checking and savings accounts. No more using other banks to process their transactions. A part of me wishes Cash App did this.