Envel Community

Neobank transformation

Building Envel
#1

It might interest you to read the article below on DeFi. It was culled from: Can a neobank ever be built on DeFi rails?

Can a neobank ever be built on DeFi rails?

by Tom Matsuda

February 10, 2022, 4:00AM EST · 5 min read

Quick Take

  • In the last decade, neobanks such as Monzo, Revolut and N26 have pioneered a mobile-first and branchless alternative to banking.
  • Now, as DeFi slowly makes its way to the mainstream, a new generation of “neobanks” on DeFi rails are snapping at the heels of their TradFi siblings.

A new set of “neobanks” are coming into the frame. This time, however, they’re building on top of DeFi rails.

I suggest ENVEL Team look into this.

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#2

Hey Jerry,

Thank you very much for sharing! I will pass this on to our team.

Unfortunately it looks like I need a subscription in order to read the article, so thank you for the summary.

Do you know of any such neobanks or startups on the DeFi rails?

Best,
Jacqui

1 Like
#3

Read this

Episode Six: Why Banks, Neobanks and Fintechs Must Integrate New Payments Tech and Crypto ASAP

by The Fintech TimesSeptember 21, 2021

LINK- Episode Six: Why Banks, Neobanks and Fintechs Must Integrate New Payments Tech and Crypto ASAP | The Fintech Times

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#4

Take your time to read in details about UNBANKED is doing. See the link - https://unbanked.com/

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#5

You may want to read this below

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#6

You may want to read about Rellevate Fintech through the link: https://rellevate.com/

See what they are doing with their “Pay Any-Day Product”
(https://rellevate.com/products/pay-any-day/)

1 Like
#7

Hi @jerryokundaye,

Great comments, you might be delighted to hear that we were accepted to the MasterCard Start Path Program last year. Focusing a lot on blockchain technology. We want to start “simple” integrating USDC stable coin and blockchain technology into its platform.