Fwiw to acquire a banking license and get the relevant approvals I believe you need to prove a redundancy plan that goes beyond just scaling. I used to work in

Fwiw to acquire a banking license and get the relevant approvals I believe you need to prove a redundancy plan that goes beyond just scaling. I used to work in fintech where we’d face the same requirements and know a bunch of folks from Monzo. You can fight the status quo only for so long until it becomes much easier to just do what you’re being asked and produce a totally separate service that solidly answers any audit you may face.