Brian Hamilton and Bill Harris have launched FinTech “One” which aims to “change financial services... for good”.
In Brief:
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Hamilton was previously Senior Vice President at Capital One.
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Harris was CEO of PayPal and Intuit.
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The app is a new challenger bank that makes it easier to set up joint bank accounts.
What does this mean?
In many ways the challenger is similar to several we have seen but the idea of helping people set up a “joint account” experience by allowing them to draw on pools of funds Is one of its more unique features. Despite the name, Capital One is not part of this venture.