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Savvy start-ups are giving a whole new meaning to banking
February 14, 2020
Neo Bank is a start-up that was launched in 2016, which is 100% digital and it reaches customers on the internet. A large number of populations in India are unbanked.
The start-up has raised $116 million last year, which keeps on increasing every year. The main focus of the start-up is to create banks on mobile devices and websites which will help to upgrade the user’s experience.
Neo banks can exploit the weak section of the banking sector and it is very user-friendly to the customers.
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