Tag: fintech
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FinTech Gamble: How Millennials Turned Wells Fargo’s Rewards Card Strategy Into a $10 Million Monthly Drain

Wells Fargo thought partnering with FinTech startup Bilt for a rent rewards card was a great idea. But financially savvy Millennials have turned the tables, undermining Wells Fargo’s assumptions and turning it into a win for FinTech upstart Bilt. Here’s what Wells Fargo missed in their product strategy.

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