10/06/2022
Letโs face it. Fintech lending online is now a late-stage game. Catering to the so-called underserved is also passe. Neo banks or challenger banks are a dime a dozen.
Youโd think, thereโs no revolution left in fintech, right?
And yet, consider this:
๐ Businesses are still burdened with interchange fees at point-of-sale.
๐ Rates available at point-of-sale are mostly punitive and deter credit creation; only the desperate carry balances.
๐ Borrowers are charged an origination fee by non-bank fintech lenders offering personal loan rates.
๐ BNPL may work for the one-off online purchase, but it still burdens the merchant, and you canโt neatly club all your daily or weekly spending into one set of installments. In short, it doesnโt offer the seamlessness across spend that a regular credit card does.
๐ Customer acquisition platforms for small businesses swipe a lot of their revenue.
Unplank solves all of these pain points. With one frictionless app. https://buff.ly/3DiY4wH