What is a Neobank? Definition & Examples

576 days ago via viatravelers    Discuss    all
These days, technology has made it possible to do plenty of things that used to require a visit to a physical brick-and-mortar business. From shopping to trading stocks, there are now few things that the average consumer can’t do right from their smartphone.In some ways, it only makes sense that a new type of banking would arise amid today’s rapid technological advances. Enter the neobank. No, unfortunately, the neobank is in no way related to The Matrix. But it’s still a concept worth considering if you’re interested in taking advantage of today’s latest financial technology.

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