Klarna At $2.26B/yr
TL;DR: Sacra estimates that Klarna generated $2.26B in revenue in 2023, up 22%, as they become a neobank, moving away from the quickly-commodifying...
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The Future Of Interchange
​​Early fintechs like Chime scaled to $100M+ with nearly all their revenue coming from interchange—the fee they generate every time their customers...
97 Views
The Neobank Capital Cycle
TL;DR: The higher interest rate environment of the last few years forced underperforming neobanks to shut down, but the top players are doing...
123 Views
Stablecoin Diplomacy
TL;DR: As B2B neobanks in the U.S. raced to offer FDIC insurance and treasury products in the wake of SVB's collapse, a parallel trend has played...
117 Views
European Neobanks Are Back
TL;DR: High interest rates helped neobanks like Starling Bank, Monzo, and N26 re-accelerate revenue growth in 2023. Now, these neobanks—the ones...
101 Views