ONLY ON 7: SF-based Beam faces FTC lawsuit after customers complain of lack of access to funds
ByRandall Yip
Saturday, December 5, 2020
"We are alleging when consumers try to withdraw their funds, not only does Beam not let them withdraw the money, but they stop earning interest once they make that request." The FTC has filed suit against a San Francisco fintech company after customers complained they were unable to access their money.