The big four have about 200b cap ,how about neo banks what are they worth now, started in 2017 with a cap of 28b is expected to be worth 100b in five years according to tmcapital reported last week
this will benefit neo banks in Australia wzr 180m , DOU 60m and other neo banks , this industry needs ma activity with the major banks in Australia to keep the ecommerce age alive and well , or even superannuation companies looking offer better ways for the investors to manage there super , the neo bank is set to explode with a total potential market of $400trillion dollars , 1% of that in the neo banking system will awake the e-commerce age , so since 2017 w e have seen exponentially e-commerce growth , neo banks emerging as a way super companies can service there clients ,
So just the way we say the explosion of internet layby BNPL apt zip szl the same will happen with neo banks
I see DOUugh as a great benefactor driven by there USA focus
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Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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20 | 15886638 | 0.002 |
3 | 5299950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 5025000 | 9 |
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