SoFi's Big Business Banking: The Fiat-Crypto Bridge Enterprises Crave?
SoFi's new Big Business Banking platform promises enterprises smoothly fiat and crypto ops from a single chartered bank. But does this B2B leap save its consumer-first model?
β‘ Key Takeaways
- SoFi Big Business Banking unifies fiat and crypto for enterprises via APIs from a single chartered bank.
- Targets slowing consumer growth; B2B could 2x revenue if crypto regs clarify.
- Risks include crypto hacks and competition from Fireblocks, Unit β execution key.
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Originally reported by Finextra