The $31 billion fintech market in India is set for a disruption with the emergence of neobanks and to scale and secure a foothold, these digital-only banks should acquire primary bank accounts, a new report said on Wednesday.
The salary accounts of white-collar employees with a lifetime value of 10 times seem an addressable market and the best way forward.
« In addition, there is said to be an opportunity to address about 25 million additional accounts of new professionals every year. The estimated 120 million professionals (steady income earners) currently represent around 80 per cent of the addressable banking ARPU or average revenue per user, » said the report by Bengaluru-based management consulting firm Redseer.
Neobanks are bridging the gap between the services that traditional banks offer and the evolving expectations of customers in the digital age
As the third largest fintech ecosystem in the world after the US and China, the Indian fintech
Introduction La cybersécurité est devenue une priorité stratégique pour toutes les entreprises, grandes ou petites.…
Cybersécurité : les établissements de santé renforcent leur défense grâce aux exercices de crise Face…
La transformation numérique du secteur financier n'a pas que du bon : elle augmente aussi…
L'IA : opportunité ou menace ? Les DSI de la finance s'interrogent Alors que l'intelligence…
Telegram envisage de quitter la France : le chiffrement de bout en bout au cœur…
Sécurité des identités : un pilier essentiel pour la conformité au règlement DORA dans le…
This website uses cookies.