Know More@ https://www.grandviewresearch.com/industry-analysis/neobanking-market
Neobanks are customer-centric and offer personalized services to customers, which differentiates them from traditional banks. Neobank platforms enable users to validate their service offerings in real time through mobile sites and online channels. These platforms also eliminate the need for human interference, thereby reducing transaction errors. Additionally, benefits offered by neobanking, such as fast servicing, healthy interest rates, and cost-effective banking, are expected to fuel the market growth over the forecast period.
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