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The APIs funding $10T to neobanks

Hey everyone!

TL;DR: Direct deposit switching APIs like Pinwheel are redirecting the $10T of payroll deposited in incumbent banks towards neobanks and novel vertical finance apps. Read our interview with Kurt Lin, CEO of Pinwheel, and check out our coverage of Mercury (dataset), N26 (dataset), Revolut (dataset), and Monzo (dataset) for more.

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For more, check out our full conversation with Kurtis Lin, CEO of Pinwheel and read this other research on our site:

Rohit & team

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