Fintech News Issue #315 - Banking = Stress?

Every week or month a new neobank is popping up somewhere across the US, Asia or the EU. Each targeting a segment of humans like freelancers, students, conscious people, underbanked, kids, Women you name it. But why? Because one of the most fundamental pains people feel with banking in unsolved to date. Alex Johnson (@AlexH_Johnson) puts it like that in a recent survey of the FinTech Collective: "Banking isn’t broken because the UIs are ugly. Banking isn’t broken because fees, as a generic concept, are evil. Banking isn’t broken because it didn’t come with enough glow-in-the-dark debit cards. Banking is broken because, for far too many people, money = stress. 85 million Americans believe that ‘developing a healthier relationship between money and happiness is crucial to their future financial success. So, let’s build that!"