BaaS options are becoming more limited and their requirements are becoming stricter. In this episode, I explain why the current market conditions are challenging for early-stage startups partnering with BaaS providers. I also share the names of some of the providers that I know to be reliable, the difference between BaaS, open banking, and FinTech-friendly banking, and the factors to consider before choosing a BaaS provider!

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Today’s episode:

• [00:39] The focus of today’s episode. 
• [00:58] Why current market conditions are problematic for BaaS providers and their partners.
• [01:37] An overview of what has been going on in the BaaS world since 2020. 
• [03:28] Flaws in the design of Europe’s Baas industry.   
• [04:50] Why licensing services and technology services should not be mixed. 
• [06:34] How BaaS works and the services that BaaS providers offer their customers. [08:19] The most reliable BaaS providers to the best of my knowledge as of today. 
• [09:13] How open banking differs from BaaS. 
• [10:55] Understanding what a FinTech-friendly banking partner is. 
• [11:39] Advice for choosing the right BaaS provider for your startup. 

Show links:

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