What is Neo Bank?

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It is a kind of digital bank,100% online and with no physical branches.

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They are trying to minimize the cost & offer various banking and financial functions under one roof.

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The explosion in mobile technology, the acceptance of digital means & the drive for financial inclusion has made way for these new-age tech banks.

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They mainly address problems that are otherwise not addressed by conventional banks.

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It is the quickest possible way for account creation.

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