Neobanks—fully digital, branchless banking platforms—are disrupting traditional financial services by offering seamless, intuitive, and personalized customer experiences through mobile-first apps, real‑time insights, and automated financial management tools. Leveraging APIs, AI-driven analytics, and open-banking ecosystems, they enable instant onboarding, transparent pricing, and tailored offerings like budgeting tools, micropayments, and microloans, all with lower operational costs. Particularly in markets like India and Europe, neobanks are driving financial inclusion, serving millennials and underserved segments with zero‑fee accounts and multilingual support while fostering collaborations with legacy banks and fintechs to scale securely and compliantly (blog.datamatics.com)
https://blog.datamatics.com/how-neobanks-are-sparking-disruption-and-fostering-cx-in-fintech