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Welcome to… Neo-Banks 2.0

MIB candidate Brian Larson explores the distinguishing characteristics between the first age of neo-banks and today's neo-banks, via Medium.

So, what makes this “age” of neo-banks different than the first? I argue that this new age is marked by 3 distinguishing characteristics: 1. A clear drive towards profitability, 2. Collaboration, not competition with existing legacy banks, and 3. A niche focus on a particular core competency or customer sect.

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