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Can a neobank ever be built on DeFi rails?

Quick Take

  • In the last decade, neobanks such as Monzo, Revolut and N26 have pioneered a mobile-first and branchless alternative to banking. 
  • Now, as DeFi slowly makes its way to the mainstream, a new generation of “neobanks” on DeFi rails are snapping at the heels of their TradFi siblings.
A new set of "neobanks" are coming into the frame. This time, however, they’re building on top of DeFi rails.

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