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Next big thing in Neobanking
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Neobanks are financial institutions that give customers a cheaper alternative to traditional banks. Think of them as digital-only banks (no hassle of a physical space!). They leverage technology and artificial intelligence to offer the same services that banks do while minimizing operating costs.

Neobanks have been growing tremendously because of the rise in demand for digital banking which has been flued by the Millennial and Gen Z audience. 

Some examples of Neobanks around the world are - Chime, N26, Tandem, and Paytm. Current Neobanking features include biometrics (detecting faces and fingerprints on login), easy and quick account opening, real-time fraud detection, easy money transfers, etc. 

We want your thoughts on Neobanking and your ideas on what you think is next in Neobanking. 


Please answer the following in detail:

  1. Do you currently use any Neobanking app? 
    1. If yes, which one do you use?
    2. If no, why not?
  2. What features would you like to see or would attract you to use Neobanking more often? 
  3. What is your biggest pain point while using traditional banking? How could Neobanking help solve this problem? Please be specific and tell us what features would benefit you. 
    Submissions will be graded on the following criteria:
  • 1-10 Scale
Reward Tiers
Top 10%
will share $500
Next 15%
will share $200
Next 25%
will share $100
Actual individual rewards will be based on the total number of eligible solutions.
$20.00 J University of California, Los Angeles
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$20.00 Square pic 60 pic2 Mindanao State University - Iligan Institute of Technology
$20.00 Square pic 60 new pic GAUTAM BUDDH TECHNICAL UNIVERSITY
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$20.00 R University of Auckland
$20.00 Square pic 60 272930530 694327988230096 6777171419603009773 n McGill University
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$20.00 Square pic 60 me 2 Nottingham
$20.00 Square pic 60 snapshot 20111115 4  2 University of KwaZulu-Natal
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$20.00 Square pic 60 img 20201117 123037 384 Abdul Kalam Technical University, Lucknow
$20.00 Square pic 60 harsh passport photo Bangalore University
$20.00 N Manipal University
$20.00 P RMIT University
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$20.00 Square pic 60 img 0827 University of Hyderabad
$20.00 Square pic 60 img 20181003 wa0001 University of Manchester
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$20.00 E University of California, Los Angeles
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$5.30 P University
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$5.30 J North Carolina State University
$5.30 Square pic 60 img 20180331 103848246 top original
$5.30 S Indian Institute of Management - Indore
$5.30 J Bocconi University
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