banking

What Are ‘Neobanks’ And How Do They Work?

What Are ‘Neobanks’ And How Do They Work?

In the past 12 months you’ve probably heard the word “neobank” thrown around a few times, which may have left you wondering exactly what it is, and how it’s different to a traditional bank. If you haven’t yet had a chance to find out, here’s the rundown.