How to Start a Neobank What Is a Neobank? In today’s fast-evolving financial world, neobanks are redefining how individuals and businesses interact with money. Unlike traditional banks that rely on physical branches and legacy systems, a neobank is a 100% digital bank, offering core banking services like payments, cards, and savings through a mobile app or web interface. While traditional banks are often burdened by outdated infrastructure and bureaucratic processes, neobanks offer a faster, more user-friendly, and cost-effective experience. They operate on leaner tech stacks, often built using Banking-as-a-Service (BaaS) platforms and API-based architecture, allowing quicker innovation and lower fees. Why Neobanks Are Booming in 2025 In 2025, the demand for digital banking is skyrocketing due to several key factors: A mobile-first generation expects real-time, on-the-go banking Fi...