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No, they (currently) do not allow debt. Why is specifically debt related to disrupting ?
by Gys 11y ago
No, they (currently) do not allow debt. Why is specifically debt related to disrupting ?
- mikecb 11y agoIssuing loans is how banks make money.
- Gys 11y agoIts indeed unclear how they will make money. For now they are financed. Last I heard there is big money to be made from data as well ;-) The plans are big so we have to see.
- fennecfoxen 11y agoWell, they also make money from fees. Especially, in the US, check-card swipe fees (invisible to the casual user since they're assessed on the merchant).