Chime, Uniswap, and the future of finance could soon struggle
Lex Sokolin
SEPTEMBER 23, 2020
It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. PwC suggests that 70% of all such funding is pointless, falling apart either at the management, technology, or business process level. No shenanigans.
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