The "free" world is bouncing back ..... or do investors get nervous and want to see earlier than in the past economics? time will tell?
Something strange happened to a few hundred customers of startup, app-only bank Number26 last week - their accounts started closing. With no explanation other than to cite terms and conditions allowing unexplained account closures, Berlin-based Number26 emailed a clutch of its 160,000 customers to tell them their accounts would shortly be shutting down. Many customers took to Twitter to complain. This, after all, is a bank that promised to be more like "Uber or Spotify" than a High Street lender. Number26 told BI in an emailed statement that the account closures were
http://www.businessinsider.com/how-can-fintech-make-a-profit-number26-monese-2016-6?r=UK&IR=T&IR=T
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