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LendUp fights big banks with $47M for compassionate credit cards — TechCrunch

Banks win when the poor lose. Credit cards can trap people in debt and bleed them dry with late fees. But it’s this exploitative experience that makes banks vulnerable to fintech startups like LendUp that are willing to undercut them and make up margin with software efficiency. It’s that strategy of building an enduring consumer […]

via LendUp fights big banks with $47M for compassionate credit cards — TechCrunch

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