Neobanking for the poor
Get all your financial needs met in one place.
Embrace The Future With Neobanking
An all-virtual, hands-on way to stay ahead of the times, for consumers and banks.
Keep an eye out for FIA’s Neobanking App, coming your way soon.
What is Neobanking?
A fintech-based financial provider that acts like a virtual bank. A neobank is
exclusively online and has no physical presence. It offers a range of financial
services that can be accessed through consumer’s phones or computers.
While each neobank offers a unique set of services, here are a few that are
available:
- Opening checking and saving accounts
- Making payments
- Transferring funds
- Lending and borrowing
- Issuing debit cards
- Offering financial education tools
The Future of Finance
With the monumental rise of digital transactions, neobanks are all set to revolutionize the finance sector. Post-pandemic, the convenience, and flexibility of virtual financial services are needed more than ever.
- This product of the digital age is catered to future generations’ needs.
- The platforms are such that they can adapt to growing changes.
- Neobank’s extensive reach and access will extend the government’s mandate on financial inclusion.
In fact, India’s neobanking market is projected to reach USD 11.65 billion by 2025.
Why You Should Choose Neobanking
- Available 24/7, no waiting lines
- Friendly user interface
- Smooth, paperless functioning
- Minimal charges
- Value-added banking services
- Tailored experience
