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Finovate Debuts: itBit’s Regulated Bitcoin Trading Platform

Fintech Labs Insights

Board members—Senator Bill Bradley, former FDIC Chairman Sheila Bair and former FASB Chairman Robert Herz. It also offers tax documentation and FDIC insurance for U.S. Since itBit is regulated, it must pass yearly exams, complete capital requirements, and face oversight to ensure its bitcoins are secure. 32 employees. $30

Bitcoin 30
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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

Security features (account freeze, real-time transaction notifications, FDIC insured). Offers “emergency bucket” to hide funds from your available balance. Faster access to direct deposits. Business debit card with free withdrawals. app store ratings (actually 4.7 in Apple store, 4.5 in Google Play as of 20 May 2021).

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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

Security features (account freeze, real-time transaction notifications, FDIC insured). Offers “emergency bucket” to hide funds from your available balance. Faster access to direct deposits. Business debit card with free withdrawals. app store ratings (actually 4.7 in Apple store, 4.5 in Google Play as of 20 May 2021).