Sponsored Post by Theo Reilly
FinTech, the lithe and nimble cousin of the traditional bank, are rapidly growing in reputability. As financial operations are increasingly digitised, the prospect of storing money is no longer tied to a physical establishment with physical confines.
And while people have not been wholly dissatisfied with their bank’s handling of the pandemic (one survey reports only five per cent having issues with their bank’s response efforts), 2020 saw a surge in digital banking usage.
The game that will be played out over the coming years is a competition between fintech’s and traditional banks to see who successfully adapts to the changing climate and, ultimately, who offers the better customer experience.
Startups like Revolut are solving convenience issues that have plagued banks for decades, but have not yet optimised their format, causing many to remain sided with their older, brick-and-mortar counterparts.
Besides frantically exercising the refresh button of your news feed, how can you navigate these turbulent currents, stay informed and capitalise…