The punishing power of disputes on neobank unit economics
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The explosion of debit card neobanking startups has hit a wall, but not for the reasons many think. It wasn't a lack of product-market fit or sky-high customer acquisition costs that did them in during the '22/'23 downturn. The real culprit? The crushing impact of disputes on unit economics.
The punishing power of disputes on neobank unit economics
The punishing power of disputes on neobank…
The punishing power of disputes on neobank unit economics
The explosion of debit card neobanking startups has hit a wall, but not for the reasons many think. It wasn't a lack of product-market fit or sky-high customer acquisition costs that did them in during the '22/'23 downturn. The real culprit? The crushing impact of disputes on unit economics.