PYPL - Open Banking Will Redefine Global Money Movement For Good

• The world is digitizing as people want low friction and immediate responses while there’s many opportunists to digitize banking whether through the movement of funds or accessing financial services.
• Open banking will play an important role in unlocking new opportunities for merchants to drive their sales and for consumers to receive better, more inclusive financial services.
• In this note, I will break down the open banking paradigm and highlight three companies, Plaid, Stripe, and Marqeta, to illustrate the opportunity within open banking.

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