The Pandemic and Neobanks

Their popularity soared during lockdown, but doubts exist about post pandemic business. About a one minute read.

Comment: regular readers know of my scepticism about Neobanks and they hype the seem to generate. My issue is simple: almost none make profits but they do make noise. And incumbents are increasingly adding Neobank functionality to their offerings. So do we really need Neobanks? I don’t think so.