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Neobanking Explained: What It Represents and How It Works

Neobanking Explained: What It Represents and How It Works

May 19, 2026 Category: Blog

Neobanking, also known as virtual banking or mobile banking, refers to a new approach to financial services. Unlike established banks with physical offices, neobanks are primarily provided through mobile apps. They typically don't possess extensive banking authorizations, commonly partnering with

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