What are the key benefits of neobanking?
Fintechs have been growing rapidly in the past years; one of the main revolutions in its wake is that of neobanks. Neobanking is reshaping the future of the banking industry with its innovative, fully online model. These online banks don’t have physical branches like traditional banks. Instead, they offer all their services through digital platforms, making banking more modern and convenient. This shift to digital-only banking is attracting a lot of interest. It very much becomes popular among IT-proficient citizens and businesses that appreciate its efficiency and cost-effectiveness. Here in this blog, we are going to discuss the main benefits of neobanking, which has significantly revolutionized the future of neobanking . Top 6 Benefits of Neo Banking 1. 24/7 Accessibility This feature makes Neobanking stand out among others. In contrast to the traditional banks, which always work by fixed hours, neobanks allow you to access your account, make transfers, or apply for a financial...