Verticals

Betting on better banking

Spot Money’s mission is to change the face of banking, while educating customers.

16 July 2021

It’s been obvious for a long time that physical branches of the traditional banks are doomed to obsolescence. I’d always imagined the banks would survive in another format, with their websites and mobile apps allowing people to do much of their routine transactions remotely.

But Andre Hugo would argue that there’s no compelling reason for traditional banks to exist at all, and that consumers of the future won’t even think about opening an account with them.

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