Tayyab - d/acc
@tayyab
Hate it or love it, Zelle had an excellent playbook by doing boomer sales and getting distribution. Probably a lesson in there for some crypto folk :)
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Dan Romero
@dwr.eth
It doesn’t make any money though. And they are pushing the functionality back into the app. CashApp is worth tens of billions in market cap.
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yonks.eth｜🚕⚡🏡｜Jason
@yonks
Zelle != innovation. It was big banks reaction to the success of Venmo / CashApp. Zelle was successful because it is owned by the big banks that have millions of existing #TradFi customers. “Zelle is run by Early Warning Services, a fintech company owned by seven of the United States’ largest banks: JPMorgan Chase (JPM), Bank of America (BAC), Capital One (COF), PNC, Truist, U.S. Bank and Wells Fargo (WFC).” Zelle doesn’t have to be profitable itself. https://www.forbes.com/sites/emilymason/2022/09/08/despite-a-late-start-bank-owned-zelle-moves-more-money-than-venmo-and-cash-app-combined/
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Erik
@eriks
hate it, and still use it, def a lesson in there
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↑ j4ck 🥶 icebreaker.xyz ↑
@j4ck.eth
hate it respect the distro tho
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↑langchain 🎩
@langchain
Zelle was designed for people who have a single bank account and not people with more. It is absolute pain.
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mmu
@mmu
Definitely a lesson, I've said this for the longest
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ns
@nickysap
People hate downloading new apps. Zelle is already in your banking app. Winning strategy, even if fraud is rife.
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FeMMie 🧪💨
@femmie
zelle nailed convenience by integrating directly with banks ,normies love simplicity
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