Why Big Banks Aren't Scared of Fintech Companies

Banks are where our money lives. But with the rise of fintech companies and cryptocurrencies, is that all going to change? Today we explore how companies like Chase, Bank of America, Wells Fargo, and Citigroup compete with the likes of SoFi, PayPal, and more. Is the FinTech revolution going to change banking?0:00 - Where Does Money Live?1:10 - What Is A Bank, Anyway?4:35 - The Big Ones5:02 - FinTech's Rise6:54 - No Fear10:43 - The Bottom Line👀 Subscribe on YouTube:https://youtube.com/channel/UCKwdV2I2k0tWvjVpa8szyHA🎧 Listen to 200+ episodes on other companies and mental models:https://stockstoryteller.com/podcast/Disclaimer: Everything shared is for informational and educational purposes only.  Nothing I share on this platform should be construed as financial, tax, or legal advice.  Please consult a competent professional who can assist with your specific needs and circumstances.Email: [email protected]