FinTech

Innovation offers neobanks a key to growth

Neobanks are considered by some to be the future of banking. According to the latest Neobanking Market Report, growth is expected at a compounded annual rate topping 50% through 2030.

Neobanking transactions are growing at 44% CAGR

Neobanks are the consequence of the modern digital age. The primary characteristic of a neobank is that it lacks any physical address/branch and operates digitally. According to the numbers available

Know the differences and benefits of a neobank

To avail many of the services offered by a traditional bank or financial institutions, a customer needs to visit the branch of the bank or financial institution, where he/she has

What is a Neobank?

Neo-banks are completely online-based digital banking platforms. Simply put, they are not present physically. Traditional banking transactions can be time-consuming and labor-intensive for customers. Neo-banks ensure a seamless online experience