N26 has recently signed its 5 millionth customer, while Revolut has already passed the 10-million-user and Nubank the 20-million-user milestone
Are neobanks a threat? The short answer is yes, the long answer is yes.
However, the outcome will be determined by those who use data intelligently. People love challengers but still trust incumbents more. If traditional players can optimize their services and provide the same customer experience challenger banks do, they can gain back the upper hand.
Join us at wexelerate for a deep-dive into the intelligent use of data, untold benefits it could bring, and best-practices from successful businesses.