Mobile Only Banks, Mobile First Banking, et al!

In the last few years, a new genre of virtual banks has come up, that is primarily targeting the tech-savvy mobile users for selling banking and financial products. Whether such companies (Mobile-Only banking services) will have a telling impact on the payments industry in months to come, or not, but these Mobile banks are certainly making lots of buzz in the industry as of now. Let us take a look at some of the key players present in this space and prospects/potential of such banks:

Some of the key players in this category are:

  • GoBank
  • Simple
  • Moven ...
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