The process of launching digital banks and spin-offs becoming easier than ever, is the driving force behind billions of dollars being invested into the digital banking sector.
Should you digitize a traditional bank or launch a separate digital bank? This is a very important topic to consider:
- What type of operation will it be?
- Will it replace or enhance an existing institution?
- If it’s a new venture, will it operate in partnership with a bank that already has a license, or source its own?
- Will it build, buy, or assemble the software components it needs to operate and provide services?
Whether you choose to build a digital start-up or digital spin-off, we believe there are 10 big considerations for you to bear in mind.[email protected]