Member Exclusive, New banks
As Sesame Cash adds thousands of new users per day, Credit Sesame acquires Canadian challenger bank Stack
- Credit Sesame collaborated with Canada's Stack to develop Sesame Cash, its banking product.
- After the merger, Credit Sesame plans an international expansion.
Interesting move – but cross-selling financial products (e.g. credit scoring and challenger banking) has been difficult to pull-off. Therefore, will be interested to watch this and see how they look to integrate their existing offerings.