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I worked with a company a few years back that did this exact thing, although we couldn't get past regulations and ended up shutting down. http://finovate.com/v
by bradleyprice 11y ago
I worked with a company a few years back that did this exact thing, although we couldn't get past regulations and ended up shutting down.
http://finovate.com/videos/finovatefall-2011-tandem/ http://finovate.com/videos/finovatefall-2011-tandem/
- Locke1689 11y agoThis is super interesting! Do you have any more details on the problems you faced?
- bradleyprice 11y agoSo, I left a couple months before the final audit before going to public launch. As far as I know, they were going to have to change a good bit of stuff focused around the taking out loans. The sole investor cut his losses since we were already over time and budget. Also, we were having custom development done from the bank that hosted our accounts and the bank that provided us with credit limits. And we were going to have to have them go back and overhaul a lot of their system that had been changed for us, which was extremely expensive.