Sep 6, 20213 min read

NeobankTips - Neo bank 86 400 sets sights on $2 billion mortgage book by end of 2021

" The coronavirus has more than halved the profits of some major banks, but one challenger can sniff an opportunity.

As the big four brace for a massive spike in bad loans, neo bank 84 600 is setting its sights on an aggressive expansion.

Since the bank started offering mortgages in December, Australians have borrowed $20 million of home loans from the digital-only challenger.

In an interview with The New Daily, 86 400 chief executive Robert Bell said the bank plans to have $2 billion of home loans on its books by the end of 2021." - Read Full Article

Source: thenewdaily

NeobankTips.com is for sale

The neobanks fighting for $60bn - fintechbusiness

(Spend 0.05% of $60bn = $30 million)

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

" India’s Neo-Banks: What’s So ‘Neo’ About Them? " - BloombergQuint

"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 . Fintech . Marketing . Sharing Economy . CPC . Compliance . Funding . Payments . Growth . Online Lending . Asset . Accounts . Credits

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