What is each firm business strategy

Assignment Help Financial Management

Reference no: EM131835508

SoFi and Square, two FinTech firms, recently applied for bank (Industrial Loan Company) charters which carry FDIC insurance if approved. Write a one-page analysis of the following:

1. What is each firm’s business strategy and what products/services does each offer?

2. Commercial banks, in general, do not want these firms to get banking charters. Explain why.

Reference no: EM131835508

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