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Ways In Which Banks are Helping Start-ups

Singapore_fintech_BankGenie

Financial Institution i.e.; Banks have started specialized services for start-ups. 1) Branches have been opened for them to meet their ever growing financial needs. 2) API has been opened for start-ups which will provide access to start-up to the real-time data of a bank, giving the banks power to innovate and solve a real-time issue. 3) Online Advisory Platforms by many banks offers entrepreneurs assistance in registering and even incubation services. 4) Along with investor network, Banks are also funding start-up. 5) Banks offer them a hassle-free process to open accounts that let them have zero balance for the first six months. 6) With the rise of digital money, there is increased involvement of fintech aspect in each start-up, banks come in handy for most start-ups by offering payment gateway services. Read more at: https://www.entrepreneur.com/article/296057

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