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UBER Enters Retail Banking

  • Writer: Meirav Harel
    Meirav Harel
  • Feb 13, 2017
  • 1 min read

Updated: Jun 8, 2023


UBER Enters Retail Banking

After finding out that 30% of UBERs drivers don't have a bank account, UBER let its drivers not only open an account, but also take loans from UBER to finance the drivers' car. Does that make UBER a type of bank?

I'll be speaking about this and about other dilemmas that rise in the constantly evolving FinTech eco-system, in my next lecture at the Haifa University this Thursday.


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