The "free" world is bouncing back ..... or do investors get nervous and want to see earlier than in the past economics? time will tell?
Something strange happened to a few hundred customers of startup, app-only bank Number26 last week - their accounts started closing. With no explanation other than to cite terms and conditions allowing unexplained account closures, Berlin-based Number26 emailed a clutch of its 160,000 customers to tell them their accounts would shortly be shutting down. Many customers took to Twitter to complain. This, after all, is a bank that promised to be more like "Uber or Spotify" than a High Street lender. Number26 told BI in an emailed statement that the account closures were