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A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks.
Neobank
Definition
A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks.
Neobank
Neobank
A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks.

Pronunciation

English

Neobank

Neobank
SpellingNeobank
Pronunciation[Neobank]

Mentions

Startups building solutions such as invoicing and taxing services and payroll and payments solutions for small and medium businesses also received the nod of VCs. In the U.S. alone, where more than 140 startups are operating in the space, raised $4 billion. In many more markets, such startups are beginning to emerge. In India, for instance Open and NiYo are building neo-banks for small businesses and they both raised money last year.

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