What is one major advantage that startup banks have over traditional banks?
Revolut CEO Says Martin Gilbert Is in Talks to Join Board

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fewer regulatory requirements
Access to more capital
Lack of legacy technology
More experienced staff
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might a startup bank hire experienced professionals?
To reduce operational costs
To increase their credibility
To expand their product offerings
To avoid regulatory scrutiny
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the startup bank manage to offer services like currency exchange without fees?
Through efficient technology and leverage
By reducing staff salaries
By charging higher interest rates
By increasing transaction fees
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which new markets is the startup bank planning to enter?
Europe and North America
Africa and the Middle East
Australia and Antarctica
Asia and Latin America
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the startup bank ensure the safety of its deposits?
Through government insurance
By holding all funds in cash
By investing in high-risk ventures
By segregating client funds
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