Neobanks are one of the common technological advancements creating convenience in financial services. This breakthrough has gained prominence in the fintech community. However, these new types of banks have been struggling to turn a profit with only a mere 5% of the world's reported 400 digitals banks breaking even. 

Prime Time’s Timothy Go and Bharati Jagdish spoke with Dr Silvio Struebi, Managing Partner, Hong Kong and Christoph Stegmeier, Global Head of Digital Banking at Simon Kucher to find out more. 

Neobanks are one of the common technological advancements creating convenience in financial services. This breakthrough has gained prominence in the fintech community. However, these new types of banks have been struggling to turn a profit with only a mere 5% of the world's reported 400 digitals banks breaking even. 
Prime Time’s Timothy Go and Bharati Jagdish spoke with Dr Silvio Struebi, Managing Partner, Hong Kong and Christoph Stegmeier, Global Head of Digital Banking at Simon Kucher to find out more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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