<ul data-eligibleForWebStory="false"><li>Founder and CEO of startup Increase, Darragh Buckley, successfully bought a stake in Twin City Bank.</li><li>Buckley aims to use the bank for Increase's banking-as-a-service ambitions.</li><li>The deal faced opposition, but Buckley clarified his intentions not to own the bank.</li><li>Increase partners with FDIC-insured banks while some fintechs opt for direct bank purchases.</li><li>Buckley values community banks for their unique strengths and relationships within the industry.</li></ul>

Stripe’s first employee, the founder of fintech Increase, sort of bought a bank

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