With Funding Drying Up And Profits Elusive Neobanks Must Change

With funding drying up, and profits elusive, neobanks must change ....

Jul 29, 2022 . Short-term trends: Neobanks must act fast to turn themselves around. Here's what they can start doing in the short term to keep going. Slowing down customer acquisitions by reducing perks and eliminating no-fee products and services will help cut down on expenses. But it may only be a short-term fix if neobanks can't find new ways to generate revenue from ....

https://www.insiderintelligence.com/content/decreased-funding-valuations-sink-swim-neobanks.