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Neobanking’s Profit Problem

Neobanking’s Profit Problem

A recent report by Simon-Kucher & Partners states that only 5% of the world’s Neobanks are profitable. While the opportunity in the sector is significant, becoming profitable before having to shut down seems like quite a challenge. In this article, Traderoot explores the Neobanking problem and ways to fast-track profitability.

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