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Headline : The Digital Banking Disruption: Denys Boiko on How Neobanks Lead the Way

Read more from the original article on here at www.arabtimesonline.com.





Tags : #digital #banking #disruption #denys #boiko #neobanks #lead #way


No. of Paragraph 32

The Digital Banking Disruption: Denys Boiko on How Neobanks Lead the Way

25/07/2024

Digital-only, neobanks have been emerging at pace over the past decade or so to increasingly compete with and disrupt more established banking institutions across the world. Accelerated by the Covid pandemic in the early 2020s, the prevalence of neobanks continues to grow in response to strong and enormously widespread demand for ever more highly personalised and super easy-to-use banking solutions.

“As startups, neobanks benefit from an inherent agility,” explains Denys Boiko, a European entrepreneur and investor with extensive finance and banking experience, and founder of Erglis investment company. “They have a natural capacity to innovate in ways that match up well to what contemporary consumers worldwide increasingly want and expect from financial service providers.”

Read more from the original article on here at www.arabtimesonline.com.


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