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Strategy & Practice Management

Why are Most Digital Banks Not Profitable? Global Consulting Group Simon-Kucher Has Some Ideas Global commercial strategy consultancy Simon-Kucher (SK) recently released its survey and white paper on Neobanks, reporting that perhaps only five percent of them are breaking even, with most earning less than USD30 in revenues per customer per year. Titled ‘The Future of Neobanking: How can Neoban...

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