Unpacking Afterpay's new banking product
This seems like a really similar setup to how Up works (partnered with Bendigo bank). They've been quite successful, seems like the only neobank that hasn't carked it. Afterpay entering the space will be bad news for them.
Yep, Up has done well on a similar model, using Bendigo's infrastructure. They'd definitely take a hit with this
This seems like a really similar setup to how Up works (partnered with Bendigo bank). They've been quite successful, seems like the only neobank that hasn't carked it. Afterpay entering the space will be bad news for them.
Yep, Up has done well on a similar model, using Bendigo's infrastructure. They'd definitely take a hit with this