How Neobanks Are Unlocking the Power of eSIM
- Kshitija Kaur and Sanjeev Kumar
- 2 mins read
- Embedded Finance, Partnerships
Table of Contents
Neobanks Make a Call on eSIM Technology
Neobanks, which have already revolutionized the financial world, are now stepping into telecom by offering eSIM services, creating a seamless blend of financial and connectivity solutions. We’ll analyze how neobanks like Nubank, Revolut, and bunq are evolving into all-in-one platforms that go beyond banking to offer a fully integrated digital experience.Â
The truth is, telecom companies have been playing a hidden role in our financial lives for years. Think about it: topping up your phone was a micro-transaction. Sending money to a friend with low credit? A mobile money transfer, courtesy of your telco. But here’s the twist: this convergence isn’t a one-way street.
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In the latest edition of Fintersections, we dive into an exciting frontier: the crossover of fintech and telecom. With digital banks now dipping their toes into the telco space through the introduction of eSIMs, we explore why the future of finance and telecommunications might be even more intertwined than we ever imagined.
This is just a sneak peek into the growing convergence of fintech and telecom, with neobanks stepping into the eSIM game. For the full breakdown of how this trend is reshaping digital banking, check out the deep dive on Fintersections!
Authors
Kshitija is a senior branding associate at WhiteSight, crafting branding strategies and fintech content. When she's not conjuring up new ideas for the company, you can find her dabbling in new hobbies and documenting her experiences through writing and short films.
Sanjeev is a fintech aficionado who loves to explore the depths of the industry as much as he loves to explore the depths of the ocean in his scuba gear. He is the founder and CEO at WhiteSight, bringing a wealth of research and advisory experience to the fintech world.
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