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Backed by Tiger Global, Mayfair emerges from stealth to offer businesses a higher yield on their cash
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Image Credits: Mayfair In the short term, Mayfair is eager to line up more partner banks and build out more products. The company believes that it can attract banks as partners by pledging to deliver a higher amount of deposits than they would get on their own. “They don't have to pay to have a marketing force or for distribution,” Chopra said. “We're doing that effectively, and then handing them a pot of cash.
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