Daylight, the LGBTQ+ neobank, calls it quits - TechCrunch

TL;DR

Daylight, an LGBTQ+ banking platform, is shutting down. Fittingly, or ironically, for a company that aims to help those selling goods in brick-and-mortar settings compete better with the online world, its power comes from the fact that so much information is available online today: its big data analytics engine ingests more than 12 billion prices across some 150,000 online and offline storefronts on a weekly basis, working out to some 1. The startup also planned to build out a LGBTQ+ business marketplace and a platform that offered discounts and rewards when members shop at merchants whose actions support the queer community

Like summarized versions? Support us on Patreon!