Neobank is taking over the Fintech industry by Ne Dofofan globally. Every day we see a Neo player in the market whose main purpose is to make financial services simpler.

6. In recent years, we have seen a huge
shift in the financial industry. With more
than 2,000 fintech players in the
country, digital payments have been
accepted on such a large scale.
Consumers are more than physical
banks and physical cash and are
moving towards online banking and
wallets.

7. Data-driven decisions drive a bank's decision-making process. As
their platforms are also modernized, it becomes easier for them to
collect and analyze data and understand how their customers use
it in the Neo banking ecosystem. Based on these observations,
they create customer cooperative societies based on their
activities rather than just having one or two data points.
Like a traditional banking system,
Neo banks have completely
different business models. But,
like traditional banks, neo banks
make little money between cash
flow and ending.

8. If you have an account with a Neo bank you
don't have to worry about it. With the current exchange rate, you can
use your card to buy, or trade while abroad.

10. Finlaw is a legal consultancy firm that believes in
changing the world. We are consistent, patient, and
professional, giving each new client the attention it
deserves. An integral part of our services is to work
closely with our clients so that they can make the
right decisions to their legal needs.
Thank You.