Really interesting company, and I'm surprised there's not more traffic on this post. They seem to provide a large amount of the physical and closed-system banki

Really interesting company, and I'm surprised there's not more traffic on this post. They seem to provide a large amount of the physical and closed-system banking services as-a-service, from accounts to cards to loans. I think the biggest problem I see is that, like AWS, a lot of other companies have all the same infra in place (even more so in banking) and the margins are going to vanish. Their pricing is also opaque and it's difficult to see how the actual model of partnering with them works. On the bright side, I think this potentially unlocks a whole new era of fintech, especially around consumer banking.