Fintech Insider Podcast by 11:FS cover image

869. Insights: How Wio Bank made a profit in just one year with CEO Jayesh Patel

Fintech Insider Podcast by 11:FS

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Bank's Strategies for Profitability and Cost Management

Exploring how a newly established bank achieved profitability within a year by targeting lucrative market segments, providing paid services, focusing on customer service, and optimizing costs. The chapter also delves into the bank's successful reduction of people and technology costs in the second year through strategic hiring, team restructuring, and leveraging market conditions.

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