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Neobanks, being smaller than traditional high-street banks, often charge higher interchange fees. They also generate revenue in similar ways by offering premium accounts with extra features or higher limits, earning interest on loans, and charging various account and service fees. Additional income can also come from investments and interchange fees. Looking to build a neo bank solution? Contact Clarisco to develop your strategy and launch your fintech startup. WhatsApp- https://bit.ly/4aBs4CM Book a Free Demo- https://bit.ly/3XDvBLR
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Ad Detail: How do neo banks make money?
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