Few developments within Financial Services have happened with such breathtaking speed as the evolution of Neobanks. Less than 10 years after the first next gen mobile banks entered the market, these digital disruptors have developed into a global standalone industry segment.
Yet even though the sector is close to becoming a one billion client business our analysis shows that currently less than 5 percent of these challengers are reaching breakeven.
This raises the fundamental question: “How can Neobanks achieve sustainable profitability?”
Download “The Future of Neobanking” and discover the current state of the industry, how it’s faring in major geographies, and how more Neobanks can become profitable.