Starting a Neobank is Easier Than Ever. These are the Teams Making it Possible
Banking, an industry practically as old as industry itself, has seen a tremendous amount of well-funded disruption in the last decade with the emergence of neobanks. The interesting thing about the space is that investors continue pumping money into banks that are not technically banks. Instead of mucking around in years of regulatory paperwork, challenger banks have relied on the sponsor bank model, in which they partner with a traditional bank that does have a charter.