I don't know about the mainland but in the UK most fintech startups ultimately t... | Hacker News

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		nly 63 days ago \| parent \| context \| favorite \| on: EU to build no-fee payments service like Visa/Mast... I don't know about the mainland but in the UK most fintech startups ultimately try to get a bank license and become fully fledged banks.

samus 63 days ago [–]

That's just the legal red tape to further encroach on the turf of traditional banks. They are still significantly cheaper.

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