Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows

TechCrunch
By Mike ButcherOct 4, 2023, 3:01 am180 pts
The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading…

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