Neo-banks are the new powerhouse on the FinTech stage. They took the market by storm, proving value to the customers. How do they operate, what is the difference between a digital bank and a traditional bank with an online presence?
A guy walks into a bar, keeps the door wide open and screams: ‘If you’ll forget my previous mistakes, I will buy you the next round!’, turns to bar’s regulars: ‘you’ll get some too if you let me in’, and finally adds with conviction: ‘my intentions are good!’. The guy is called Mark Zuckerberg, free beer is Libra and the regulars are Bitcoin, Ethereum, Litecoin, and friends.