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This article basically said mega banks will suck up everything. Not sure where the golden age of neobanks and fintech comes into the story, other than they nod
by fnordpiglet 3y ago
This article basically said mega banks will suck up everything. Not sure where the golden age of neobanks and fintech comes into the story, other than they nod at the end that there might be some room in the cracks for small firms.
- boringg 3y agoMaybe they mean that the neobank owners/founder will do well and negate to realize that it doesn't help the clients or mean a transformative better change if the incumbents just gobble up the revenue streams.
- mcphage 3y ago> Not sure where the golden age of neobanks and fintech comes into the story Well, it doesn't seem that sure a thing, but the argument was that as the megabanks get bigger, they'd care less and less about small clients, so there's an opportunity for a neobank to support these small clients, if they can find a product offering good enough to convince people to pay for it.