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Long Take: How Monzo, Revolut, and Starling get to break-even, and comparison with WeChat and Facebook
lex.substack.com

Long Take: How Monzo, Revolut, and Starling…

Aug 17, 2020
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Long Take: How Monzo, Revolut, and Starling get to break-even, and comparison with WeChat and Facebook
lex.substack.com

Hi Fintech futurists -- This week, we look at: The financial model behind Monzo, and comparisons to Revolut and Starling How the Eastern super apps inspired the marketplace model, and why that success is hard for neobanks to replicate Paths from losing $100 million per year to break-even and enabling digital assets and other financial products

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