'De-banking' has massive impact on small fintech firms in Australia, Nium CEO says

De-banking, the process where banks can shut down bank accounts, takes away the rights of fintech firms to serve their customers, says Prajit Nanu, co-founder and CEO of Nium. He adds that the Singapore-based start-up nearly collapsed due to de-banking when it first started out in Australia.
Thu, Sep 23 20211:09 AM EDT