Vladimir Tenev

There's a product called Robin Hood Banking, which I think is the best banking product out there right now.

It's different than the other neobanks.

The other neobanks tend to go after a paycheck to paycheck customer.

Right.

So it's sort of like you go to 7-Eleven to get cash.

We wanted to do it differently.

We wanted to give you a digital private banking experience.

So imagine you're a high net worth individual and you go into sort of like

your beautiful private bank lobby with the marble columns and mahogany desk, and you get treated like a VIP.

That's what we want to recreate.

One thing that wealthy people have is they're not going to the ATM in the Tenderloin to get their cash.

They have a truck delivering cash to their house.

Actually, there was a great company called First Republic Bank.

Maybe you guys have heard of it.

It didn't survive the banking crisis of a couple years ago.

But their shtick was...

Great service, private banking, high end.

And they served a lot of founders and entrepreneurs in the Bay Area in particular.

But not a great digital experience, brick and mortar.

And they had this.