When the first so-called “challenger banks” (like Simple and Moven) appeared on the scene, they were heralded as “disruptors” who were going to put traditional banks and credit unions out of business. Although that didn’t happen, others like Chime, Dave, Marcus, Earnin, CashApp, and MoneyLion are prospering during the pandemic. See how consumers view banking with Google, other Big Techs, and digital banks versus traditional FIs.
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