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16min chapter
924. Insights: Was 2024 the year fintech bounced back?
Fintech Insider Podcast by 11:FS
Rise of Neobanks: Profitability and Future Trends
This chapter analyzes the remarkable profitability milestones achieved by neobanks like Monzo, Starling, and Revolut in 2024, highlighting their innovative business models and adaptive strategies in a changing economic landscape. It discusses the ongoing shift in consumer banking preferences towards digital solutions, the rise in fraud scrutiny, and the evolving IPO market dynamics. The conversation also contrasts the performance of neobanks with traditional banks, indicating the challenges and opportunities that lie ahead for the fintech sector.
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