Innovation won’t be enough for these banks to become the next KakaoBank, Revolut, or Nubank.
CEO Barbaros Uygun says the virtual bank can become a global leader like Revolut, NuBank and KakaoBank.
Do virtual banks need to be primary deposit accounts, and if so, how will they get there?
A report by Quinlan & Associates suggests virtual banks could win more than 19% of market revenues by 2025.
Singapore has declared Standard Chartered may operate a standalone digital banking business.
CEO David Sun says integrating with the virtual bank’s shareholders will be key to success.
Deniz Güven, CEO of entrant Mox Bank, argues the crisis will only accentuate virtual banks’ offering.
SC Ventures execs explain to DigFin the strategy behind launching ‘banking as a service’.
