Tellus, an Andreessen Horowitz-backed fintech company that claims it can offer people higher yields on their savings balances by using that money to fund certain U.S. single-family-home loans, is under scrutiny by the U.S. government. On May 2, as first reported by Barron’s, U.S. Senator Sherrod Brown, chairman of the Senate Banking, Housing, and Urban Affairs […]
Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz by Mary Ann Azevedo originally published on TechCrun...