Free banking at Neobanks?

news broke this week that Neobank N26 has launched a third premium subscription service branded N26 Smart. About a two minute read.

Comment: as investor liquidity evaporates competition is intensifying in the Neobank sector as profitability remains elusive. Over time we will see additional, revenue generating plans across the Neobanking sector, as one or more either are acquired by incumbents, or enter insolvency. Already well position incumbents are offering many Neobank like services, which raises an obvious question: why are they needed?