[greatgib]

Treezor is not really directly a bank but more a "bank as a service" company.

Lots of companies or "neobank" that want to offer a kind of bank account, for personal or corporate use, but that don't have an official banking agreement, and not really a banking infrastructure, can use them as "white label" solutions.

All the bank accounts and banking operations will be done by treezor, but from the user point of view, he will only interact with the company and company frontend, and almost never see that it is Treezor that is operating in the background.

That being said, I don't know if their "serverless" move is a good one, because their solution is commonly known to be unreliable, and I think a lot of customers would be happy to go to another provider if it was possible.

[mannyv]

As a customer of US Bank in the US, I can attest to the fact that they aren’t as reliable as I’d want. Their website and app tend to be “under maintenance” quite often. I think you overestimate the reliability of many bank operations.

[syndicatedjelly]

App reliability is different from payment service reliability.