INSIDER
Startup Aspiration takes on big banks
Read full article: Startup Aspiration takes on big banksAspiration is specifically marketing itself as an alternative to dissatisfied Wells Fargo customers. The California startup has a website urging customers to "switch banks from Wells Fargo" to save money and be with a lender they can trust. The company told CNN Business that more than 200,000 Wells Fargo customers have signed up for Aspiration. Wells Fargo recently pledged to commit $1 billion in philanthropy through 2025 to address the US housing affordability crisis, including homelessness. Aspiration offers customers a mutual fund, the Aspiration Redwood Fund, that is 100% fossil fuel free and 100% firearm free.