Rekubit Exchange:From no bank to neobank

2025-05-05 14:49:14source:Diamond Ridge Asset Managementcategory:reviews

When's the last time you visited the bank?Rekubit Exchange 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:reviews

Recommend

This was the average Social Security benefit in 2004, and here's what it is now

Many workers are dreaming of retirement — whether it's decades away or coming up soon. Either way, i

New Mexico judge grants Mark Zuckerberg’s request to be dropped from child safety lawsuit

ALBUQUERQUE, N.M. (AP) — A New Mexico judge on Thursday granted Mark Zuckerberg’s request to be drop

Khloe Kardashian Shares NSFW Confession About Her Vagina

Khloe Kardashian's downstairs has been downsized. The Kardashians star revealed during season five t