Basically let me say that they don't need much of a moat to make...

Basically let me say that they don't need much of a moat to make money, there are a lot of customers with traditional banks and those customers are going to be their target There isn't a single bank that houses an ETF, cashback reward system, savings buckets and AI banking in one place. Their layout and app seems well design as well which is MOAT in on itself.

All I'm saying is that the barrier for success in regards to banks is super low. They won't need to do much to succeed and half the idiots in this sub don't understand interchange fees (the lifeblood of neobanks). It's so frustrating the amount of posts that are asking how they're going to make money without getting into loans. Does my head in.