Internal docs appear to show execs at Eco, a personal finance app offering 2.5%-5% in "APY rewards", misrepresenting the risks of its lending practices to users (Jason Mikula/Fintech Business Weekly) - TechnW3

Internal docs appear to show execs at Eco, a personal finance app offering 2.5%-5% in "APY rewards", misrepresenting the risks of its lending practices to users (Jason Mikula/Fintech Business Weekly) - TechnW3

Jason Mikula / Fintech Business Weekly:
Internal docs appear to show execs at Eco, a personal finance app offering 2.5%-5% in “APY rewards”, misrepresenting the risks of its lending practices to users  —  a16z- and Thiel-Backed Startup's Future Uncertain As It Loses Bank Partner, Pays User Interest With Own Funds

from TechnW3