Dreamers Investment Guild-From no bank to neobank

2025-05-07 04:03:54source:Chainkeencategory:Markets

When's the last time you visited the bank?Dreamers Investment Guild With so much banking happening online now, some banks don't even have physical locations anymore. And that's not just happening in the U.S. — Mexico has become fertile ground for purely digital banks, known as neobanks.

Many adults in Mexico don't have any kind of bank account, and a lot of those people are young and tech savvy. Fintech startups see this as their window of opportunity to leapfrog over in-person analog banking and get people to start online banking.

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Markets

Recommend

Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor

The head of the Federal Aviation Administration, who has led a tougher enforcement policy against Bo

4th teen girl pleads guilty in swarming killing of homeless man in Toronto

A fourth teenage girl accused in the fatal stabbing of a Toronto homeless man two years ago has plea

Stock market today: Asian shares are mostly lower ahead of key US inflation report

BANGKOK (AP) — Shares fell Thursday in most Asian markets ahead of a key U.S. inflation report due F