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Research indicates that underbanked communities feel the sector will change significantly in the next few years
After entering the banking market 10 years ago, neo-banks across the world are failing to adapt for a profitable future
Up to 24% of small businesses with under $1 million in annual revenue use neo-banks
Challenger banks or neobanks have gained rapid adoption due to their ability to meet customers in the channel of their choice
27% of consumers now have relationships with neobanks


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