Wall Street Journal:

Sources: Wells Fargo's credit card with fintech startup Bilt, which gets points on rent payments and saw 1M+ signups in 18 months, costs the bank up to $10M/mo.  —  Bank is renegotiating deal with startup after incorrectly forecasting key revenue drivers  —  When Charlie Scharf took …

Wall Street Journal:

Sources: Wells Fargo's credit card with fintech startup Bilt, which gets points on rent payments and saw 1M+ signups in 18 months, costs the bank up to $10M/mo.  —  Bank is renegotiating deal with startup after incorrectly forecasting key revenue drivers  —  When Charlie Scharf took …

Source: TechMeme
Source Link: http://www.techmeme.com/240616/p10#a240616p10