Dec 5, 20193 min read

NeobankTips.com - The Fintechs Trying To Kill The Corner Banks

" The sky is the limit,” gushes MoneyLion founder and CEO Dee Choubey as he strolls into Manhattan’s Madison Square Park, the oak and ash trees turning color in the October sunshine.

Choubey, 38, is taking a midday constitutional from MoneyLion’s cramped offices in the Flatiron District, where 65 people labor to reinvent retail banking for the app generation. He ticks off a couple businesses he looks up to—ones that have fundamentally changed the way money flows around the world—putting his ambitions for his six-year-old startup into sharp relief. “PayPal,” he says. “Square.” Two companies worth a combined $150 billion. " - Read Full Article

Source: Forbes

NeobankTips.com Domain Name Is For Sale

Dawn Of The Neobank: The Fintechs Trying To Kill The Corner Bank - Forbes

Meet the 'neobanks' trying to shatter the big four banking oligopoly - smh

Block.One spent $150 million to build its social media platform VOICE, $30 million ( 20% of capital cost) spent on purchasing Voice.com

- TheBlockCrypto

Elon Musk spent $11 million ( 0.1% of Tesla net worth ) to buy Tesla.com

NEOBANK WORLDWIDE OUTLOOK

In the first nine months of 2019, venture capitalists poured $2.9 billion into neobanks, compared with $2.3 billion in all of 2018, reports CB Insights. - Forbes

"JPMorgan backs Fintech seeking to disrupt trillion-dollar market... JPMorgan Chase & Co. (JPM.N 0.37%) signed startup Wematch Interest Rates to its in-house Fintech program, which helps new firms build products for use across the banking industry... Wematch Interest Rates is a unit of London Wematch.live Group. The market it’s looking to break into is huge: The market value of OTC interest-rate derivatives was US$7.6 trillion in the second half of 2017, according to the latest Bank for International Settlements data." - bnnbloomberg.ca

"The worldwide mobile payment revenue in 2015 was 450 billion U.S. dollars and is expected to surpass 1 trillion U.S. dollars in 2019."

"The market's largest segment is Digital Payments with a total transaction value of US$3,952,706m in 2019."

"Total Transaction Value is expected to show an annual growth rate (CAGR 2019-2022) of 13.2% resulting in the total amount of US$5,728,699m by 2022." - Statista

“PayPal” and “Square.” Two companies worth a combined $150 billion. - Forbes

Domain Value Based on % Of Startup Funding:

Block.One spent $150 million to build its social media platform VOICE

$30 million ( 20% of capital cost) spent on purchasing Voice.com

Eko.com was sold $1.5 million in 2019

Media technology startup Eko was founded in 2010 using HelloEko.com

With several rounds of funding to reach a total of $37 million,

Eko.com = 1.5/37 = 4.05% of $37 million = $1.5 million

NeobankTips is ideal for Neobank Startups . Fintech . Marketing . Sharing Economy . CPC . Compliance . Funding . Payments . Growth

In the first nine months of 2019, venture capitalists poured $2.9 billion into neobanks, compared with $2.3 billion in all of 2018, reports CB Insights. - Forbes

Assume a neobank company/business has a share of 1% from $2.9 billion industry revenue ie $29 million

Assume Domain Value = Allow 1% of Annual Revenue as Marketing Cost

NeobankTips.com : Annual revenue = $2.9 billion in 2019

DV (Domain Value) = annual revenue x 1%

DV = $2.9 billion x 1 / 100

Domain Value = NeobankTips.com = $29 million