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Ricardo Falter

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Royal Park Partners
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Followed by John Sims, Martha Boyle and 5 others you follow

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Royal Park Partners
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Ricardo Falter

Why neobanks have refocused from skyrocketing growth to reaching profitability

Collectively, neobanks have secured billions of dollars of funding to rapidly scale at all costs, however strategic priorities are now changing. There are currently 250+ neobanks live worldwide, with dozens of banking apps close on their heels and gearing up to launch. But how many of these businesses are profitable today, and how many will ev...

15 January 2021

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  • retail banking

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  • 2021 (1)
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