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Neobanks

6 options to make your money grow

There are options to invest from 100 pesos. Photo: Shutterstock. In Mexico, there is less participation in investing in Mexico Mexican Titles Ball (BMV)According to the body that governs the country's financial system, some of the factors…

Report, BFSI News, AND BFSI

India's growth story relies heavily on its young population, with more than 50% of the population being under the age of 28. The bank will soon see the first generation of true digital natives who rarely visit branches for transactions and…

New Age Finances | Industry Outlook

New Age FinancesA Deep Dive into the Growth of FinTechs and Neobanks Across AfricaScreenwriter: Marcus KaapaBetween 2007 and 2009, the world experienced the Great Recession, the worst financial crisis since the Great Depression that lasted…

Responding to the rise of neobanks

Neobanks first appeared about ten years ago. In 2014, there were just eight neobanks aiming to disrupt traditional banking by delivering digital-only customer experiences, largely aimed at digital natives, according to the…

Neo Banks vs Fixed Income Funds

Neo-banks or digital banks offer basic online banking services and a higher rate of return, unlike mutual funds which offer indexing benefits and better returns when interest rates start to rise. Neo-banks in India operate on a partnership…

What consumers value most

The pandemic has led to an unprecedented acceleration in digital usage, leading to increased e-commerce and less reliance on branches and cash. It has also resulted in many behavioral changes, many of which should last. For banks…

Ola buys the Indian neobank Avail

Indian mobility company Ola has announced its intention to acquire Avail Finance, an Indian neobank focused on blue-collar workers.Why is this important: While most know Ola for its ride-sharing business, the deal will expand its banking…