Neobanks – The David against banking Goliaths?
- Publisher Venture Insights.
- Publish Date October 30, 2018
- Sector financial services, fintech, Technology.
- Company Alibaba, Amazon, Baidu, Facebook, Google, Tencent.
The banking industry has traditionally displayed inertia to major disruption and innovation.
With the rise of neobanks in Europe and the UK, and the arrival of Australia’s first neobanks; Volt, Xinja and 86 400, this may be set to change as the younger generation of customers increasingly adopt more digital and customer-centric banking services.
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