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May 29, 2022
Finance Technologies

New US challenger Flyp targets excluded communities

New US-based challenger bank, Flyp, is launching soon, with the aim of improving financial literacy. Flyp CEO BJ McAndrews spent 17 years at Wells Fargo The North Carolina headquartered neobank writes on its website that its goal is to help customers “get where you want in life”. “Big banks charge big fees and exclude a large part of our community,” it states. “We’re flypping [sic] traditional banking on its head to deliver a banking experience with all the bells and whistles and none of the fees.” The founding team behind Flyp includes two former Wells Fargo executives. CEO, BJ McAndrews,…
New US challenger Flyp targets excluded communities

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