Analysis

September 28, 2021

Neobanks latest ploy involves *ultra* cheap insurance

Monese and Revolut now offer purchase protection on all transactions for as little as £6 a month. Is this the new fintech battleground?


Isabel Woodford

4 min read

Norris Koppel, founder and CEO of Monese

Digital bank execs have been scratching their heads for years about how to lure users into premium subscriptions. They've tried shiny cards, exclusive features and even cashback.

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