TechChill 2018: NeoBanks vs Banks

Neobanks are on the rise. Fintech companies such as Monzo, N26, and Monese are winning over customers with top-notch user experience and convenient all digital banking platforms. Once focused companies like Revolut (travel card) and TransferWise (international money transfer) have expanded to include more bank-like features such as local account details. Will the neobank trend continue to rise in 2018 and cross the chasm to win the early majority of consumer finance? Or will traditional banks innovate from within and compete in the digital front lines to maintain market share?
Chris Raastad, Product Engineer Lead at Transferwise
Andrius Biceika, Head of Country Managers at Revolut
Jevgenijs Kazanins, Pan-Baltic Head of daily banking at Luminor

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