I can't understand how the banks in the US are so crappy. Here in Finland we've had instantaneous and free bank transfers for like 20-30 years. I used to wonder

I can't understand how the banks in the US are so crappy. Here in Finland we've had instantaneous and free bank transfers for like 20-30 years. I used to wonder why the hell is Paypal so big, but then I learned that it's mainly because it provides functions that all the normal banks here provide, but none in the US do. The same goes for most of the fintech. There is much less market for these companies because the major banks are already doing what they are offering in some form.