A business mishap! 😊
"$10 million
Wells Fargo is losing up to this amount every month on a co-branded credit card with fintech startup Bilt that allows users to pay rent without incurring fees from their landlords, according to current and former employees. Executives made internal projections on key revenue drivers, such as the likelihood that cardholders would carry balances, that turned out to be inaccurate."
No comments:
Post a Comment