Ex-PayPal CEO Launching Neo-Bank

Bill Harris is the former CEO of PayPal and Intuit and is also the founder and CEO of Personal Capital; today, along with his business partner Brian Hamilton have launched a new digital bank called One; One has already raised $26 million from investors including Foundation Capital, Core Innovation Capital and Obvious Ventures; in this interesting interview with American Banker, Harris shares why he decided to start a challenger bank and details the demographic they are going after. American Banker

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