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5min chapter
869. Insights: How Wio Bank made a profit in just one year with CEO Jayesh Patel
Fintech Insider Podcast by 11:FS
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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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode