How does the cost structure of a modern fintech compare to a traditional bank?
Replied byBrian Armstrong
Co-founder & CEO at Coinbase
Niche: Cryptocurrency
Revenue: Approx. $ 598.3 Million /month
Location: Remote-First (San Francisco, California, United States)
Started: 2012
Fintech firms are much more efficient. By operating without physical branches or skyscraper headquarters, and by utilizing AI and automation to streamline compliance, they can pass significantly more economic benefits back to the consumer.
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