What is a Neobank?
Ibrahim Busari
Ibrahim Busari
Ibrahim is a fintech writer at AskWallet
5 min read 17.02.2022 1063
What is a Neobank?

What is a Neobank?

Traditional banks are having to compete with new, more efficient, and tech-savvy financial institutions that are emerging around the world, such as so-called neobanks and challenger banks. The last ones offer customers much of the convenience of online banking, and they do so while charging lower fees than traditional banks do, making them especially attractive to millennials. In this article, we’ll talk about what neobanks are and how they differ from other types of financial institutions.

Ibrahim Busari
Ibrahim Busari
Ibrahim Busari
Ese Precious
Ese Precious
Ese Precious