uiz 2 Time Left:0:37:43 Anmol Randhawa: Attempt 2 Question 10 (10 points) In the following list are listed some of the several reasons why challenger banks haven't led with a branch-based distributionEXCEPT 1) Branches are simply too costly and too slow for the scale these businesses need, in the timeframe and with the available funding they have 2) Investors simply fund branch networks forthey aren't all about rapid scale 3) The cost of deploying a high impact physical location in a FinTech-rich city would likely be more than the entire development cost of a FinTech's basic app or technology 4) Every Fintech is trying to complete in real-time for customers, thus they must eliminate thefor a "wet" signature or face-to-face interaction 5) Acquisition cost per customer in-branch are five- to ten-times the acquisition costs via digital Previous Page Next Page Page 10 of 10