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CapWay , a Y Combinator -backed fintech, has been shut down, according to its founder Sheena Allen .
Allen launched CapWay in 2016 after realizing the impact that not having a bank account has on some communities, such as depending on high-interest payday loans or high-fee cash checking services.
The company planned to address this population by teaching financial literacy and offering online banking solutions.
VR Score
73
Informative language
69
Neutral language
48
Article tone
informal
Language
English
Language complexity
43
Offensive language
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Hate speech
not hateful
Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
4
Source diversity
4
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