Chicago Ventures: Why We Invested in InstaSwitch

Our lead investor on the technical insight most people miss, the UK's £750M switching experiment, and why bank switching is the wedge for something much bigger.

Chicago Ventures, lead investor in the seed round, on what made InstaSwitch the right bet: the UK's £750M Current Account Switching Service experiment and what it actually proved, the technical insight that the "write" side of open banking is harder than the "read" side, and why the bank-switching wedge sits underneath a much bigger platform.

Read the full piece on Medium.