>> ...and the time and sophistication to know about "neobanks," choose one, and sign up.
> Chime has 13.1 million accounts.
That kind of proves my point. There are more than 300 million people in the US, and they've only reached 4%. Hardly the kind of thing that will solve the problem for less sophisticated people.
Also, the problem of unbanked/underbanked people exists despite them, so that's another clue that they're not the solution.
> Chime has 13.1 million accounts.
That kind of proves my point. There are more than 300 million people in the US, and they've only reached 4%. Hardly the kind of thing that will solve the problem for less sophisticated people.
Also, the problem of unbanked/underbanked people exists despite them, so that's another clue that they're not the solution.