by Ekrem Duman | May 30, 2026 | Banking, Retail & Digital Banking
⚡ TL;DRNeobanks are app-only banks with no physical branches. They earn money mainly from interchange fees on card spending, net interest on deposits, subscription tiers, lending, and interbank float — running on a fraction of a legacy bank’s cost base because...
by Ekrem Duman | May 19, 2026 | Banking, Finance
A startup with $3M in a checking account earning 0.01% interest is leaving roughly $130,000 per year on the table at 2026 short-term Treasury rates. Cash management — also called corporate treasury — is the discipline of structuring idle cash so it earns market yield,...
by Ekrem Duman | May 19, 2026 | Banking, Finance
A letter of credit is a bank’s written promise to pay a third party — typically a landlord, a supplier or a counterparty in international trade — if the company fails to meet its obligation. For an early-stage startup, the request to “post an LC” or...
by Ekrem Duman | May 19, 2026 | Banking, Finance
A startup that bills customers in three currencies and pays contractors in five is burning roughly 2% to 4% of every cross-border dollar on FX margins it doesn’t have to pay. International and multi-currency banking in 2026 has reached a point where this leakage...
by Ekrem Duman | May 19, 2026 | Banking, Finance
Working capital is the gap between when a business owes money and when it gets paid, and bridging that gap without taking on equity dilution is one of the most leveraged decisions a founder makes. In 2026, the financing options have expanded from traditional bank...
by Ekrem Duman | May 19, 2026 | Banking, Finance
Business credit is a separate scoring system from personal credit, tracked by Dun & Bradstreet, Experian Business, and Equifax Business, and anchored on a 0-100 Paydex score. For an early-stage company, building a strong business credit profile in the first 12...
