A free investing fintech is launching a checking account to try and steal Main Street customers from big banks
|01/28/2019||Posted by BusinessMediaguide.Com under General World News||
- Free investing startup M1 Finance is launching a FDIC-insured checking account and debit card.
- The checking account, known as M1 Spend, will be fully integrated with the Chicago-based fintech’s trading and line-of-credit offerings.
- The startup is the latest to join a growing list of fintechs looking to launch cash-management offerings.
Main Street investors looking for a place to stash their cash besides big banks will soon have another option.
Free investing startup M1 Finance is launching a checking account and debit card in the coming months, called M1 Spend, it said in a letter to its customers on Monday. The new checking product will read more >>>