I came across Aika Ussenova’s Substack page after Marc Rubinstein of Net Interest gave her a shoutout for her great research into financials. In this article, Aika does a great job explaining the two types of digital banks - bottom-up and top-down. You can check out (definitely recommended) all her posts at her Substack page here:
Why Be A Bank?
Why Be A Bank?
Why Be A Bank?
I came across Aika Ussenova’s Substack page after Marc Rubinstein of Net Interest gave her a shoutout for her great research into financials. In this article, Aika does a great job explaining the two types of digital banks - bottom-up and top-down. You can check out (definitely recommended) all her posts at her Substack page here: