# News about Neo Banks šŸ—žļø **URL:** \ **Category:** Fintechs\ **Tags:** news, qna\ **Created:** [1 June 2020 14:28 UTC](https://community.jupiter.money/t/news-about-neo-banks/564 "2020-06-01T14:28:18Z")\ **Posts on this page:** 20\ **Page:** 47
**Author:** ![Biswabiology](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/biswabiology/32/8511_2.png) [@Biswabiology](https://community.jupiter.money/u/Biswabiology)\ **Post date:** [14 February 2023 10:20 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/953 "2023-02-14T10:20:56Z")
If anyone need CheQ - an exciting, new credit management app. Pay your credit card bills & loan EMIs on CheQ, and get 1% back on all your payments! Join using my invite and get Rs.100 worth CheQ Chips when you make your first payment. [https://cheq.onelink.me/3UIC/j29yloms](https://cheq.onelink.me/3UIC/j29yloms) ---
**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\ **Post date:** [14 February 2023 10:26 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/954 "2023-02-14T10:26:06Z")
CheQ App is a headache for Cred. And I want to see this competition in the market because this is good for the public and reduces the monopoly ---
**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\ **Post date:** [14 February 2023 10:45 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/955 "2023-02-14T10:45:37Z")
Hey @Aswin_Benny have you got early access to Cheq I have just received this message on WhatsApp ![Screenshot_20230214_161238_WhatsApp](https://us1.discourse-cdn.com/flex020/uploads/jupiter/original/2X/2/25c1002833004dcf89031137df63e453ec3e36a0.jpeg) ---
**Author:** ![Abhishek\_Ulayil](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/abhishek_ulayil/32/9197_2.png) [@Abhishek\_Ulayil](https://community.jupiter.money/u/Abhishek_Ulayil)\ **Post date:** [14 February 2023 10:50 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/956 "2023-02-14T10:50:21Z")
Why are they doing this pyramid scheme for onboarding. I am confused. ---
**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\ **Post date:** [14 February 2023 11:16 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/957 "2023-02-14T11:16:14Z")
Afraid of server crash. Maybeā€¦ ---
**Author:** ![Aswin\_Benny](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/aswin_benny/32/13053_2.png) [@Aswin\_Benny](https://community.jupiter.money/u/Aswin_Benny)\ **Post date:** [14 February 2023 13:35 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/958 "2023-02-14T13:35:31Z")
Yes i did. But my card is not supported šŸ˜‚ ---
**Author:** ![nateavi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/nateavi/32/10064_2.png) [@nateavi](https://community.jupiter.money/u/nateavi)\ **Post date:** [15 February 2023 17:52 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/959 "2023-02-15T17:52:54Z")
[https://www.fintechfutures.com/2023/02/new-cross-border-neobank-moneyhop-launches-in-india/](https://www.fintechfutures.com/2023/02/new-cross-border-neobank-moneyhop-launches-in-india/) ---
**Author:** ![Pratyay\_Mustafi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/pratyay_mustafi/32/13131_2.png) [@Pratyay\_Mustafi](https://community.jupiter.money/u/Pratyay_Mustafi)\ **Post date:** [15 February 2023 20:53 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/960 "2023-02-15T20:53:01Z")
[https://www.moneyhop.co/](https://www.moneyhop.co/) seems like sbm is controlling 60 70 % of fintech products indirectly in India. ---
**Author:** ![Priyanshu\_Gupta](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/priyanshu_gupta/32/14229_2.png) [@Priyanshu\_Gupta](https://community.jupiter.money/u/Priyanshu_Gupta)\ **Post date:** [2 March 2023 11:25 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/961 "2023-03-02T11:25:19Z")
The upcoming saving account neobank, the wallabe > **[Wallabe - By Finteck](https://www.finteck.in/)** > > Seamless Banking Experience With Likwid Money Getting ready to launch soon waitlist yourself to get early benefits and beta access. ---
**Author:** ![Divyaansh\_Agarwal](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/divyaansh_agarwal/32/1792_2.png) [@Divyaansh\_Agarwal](https://community.jupiter.money/u/Divyaansh_Agarwal)\ **Post date:** [2 March 2023 18:09 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/962 "2023-03-02T18:09:25Z")
- start a new service - entice with rewards - get a consumer base - slash rewards šŸ” Itā€™s same everytime, yet everyone falls for it in the next iteration. I see people taking about CheQ like crazy. I know about the rewards but thatā€™s just about every company thatā€™s starting out. Your data is important at the end of the day and shouldnā€™t keep lying around the server of every fintech firm. Itā€™s about the value it serves. And for me, itā€™s finally a breather as CRED has dominated the space for long and it needed some competition too. However, I think for now, CRED has more diversified positioning with P2P, CRED store and CRED cash. It recently applied for PA licence too so letā€™s see what happens. I just think CRED has really good design and rewards just donā€™t kill it for me. Attention to detail is something that the design team at CRED deserves a medal for. ---
**Author:** ![sani](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/sani/32/14931_2.png) [@sani](https://community.jupiter.money/u/sani)\ **Post date:** [3 March 2023 07:11 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/963 "2023-03-03T07:11:38Z")
Yes they are asking to much data, itā€™s not good for our card securityā€¦ This is just a new company and start upā€¦ We donā€™t know about the app security features and we also donā€™t trust the company sameā€¦ Theyā€™re saying they just verify your card but they asking all details of your card including cvv , they have all access of reading your all sms , email, pan details, upi and net banking details, cradit score details . Nowadays any company donā€™t need all this data for the cradit card payment. Please donā€™t go for rewards, once think about your safety. Previously cred also want all things, but now they donā€™t want all thingsā€¦ Cred also have trust more than years. ---
**Author:** ![sani](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/sani/32/14931_2.png) [@sani](https://community.jupiter.money/u/sani)\ **Post date:** [3 March 2023 07:13 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/964 "2023-03-03T07:13:52Z")
Please comment your experience. > [@Best customer supporting bank bank](https://community.jupiter.money/t/best-customer-supporting-bank/43843): > > Please comment names of the bank with 2 categories ( traditional ana neo bank) Which customer service is too good and helpful according to you. ( Fastest comunication, well knowledge stuff, behaviour of stuff, good talking skills, fastest reply, not complicated to reach, no hidden things, best tecnology\< minimum bug or crush system\> ) ( Lotā€™s of features to comunicationā€¦ Like phone call without waiting to much, IVR , call back, video call service, email service, chat service, form service, foā€¦ ---
**Author:** ![kirankiran10333](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/kirankiran10333/32/14334_2.png) [@kirankiran10333](https://community.jupiter.money/u/kirankiran10333)\ **Post date:** [5 March 2023 11:52 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/965 "2023-03-05T11:52:27Z")
Can you share your views on using mobikwik as credit card bill payment app? Very Recently I had joined in to this credit card era. @sani @Divyaansh_Agarwal . Or good app for credit card bill payment balancing rewards and privacy. ---
**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\ **Post date:** [5 March 2023 12:08 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/966 "2023-03-05T12:08:51Z")
> Mobikwik is good for the payment of less than 15,000 bill payment > If you want to manage, track, and bill payments of credit cards, then go for CRED - [Click here](https://app.cred.club/spQx/46cgfv0w) > If you want 1% as a reward every time then go for Cheq - [Click here](https://app.cheq.one/3UIC/9fqlthv8) ---
**Author:** ![kirankiran10333](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/kirankiran10333/32/14334_2.png) [@kirankiran10333](https://community.jupiter.money/u/kirankiran10333)\ **Post date:** [5 March 2023 12:10 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/967 "2023-03-05T12:10:07Z")
I think mobikwik also gives 1% cashback, but have some restrictions regarding usage of that cashback. Thank you. ---
**Author:** ![Debosmit\_Majumder](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/debosmit_majumder/32/3100_2.png) [@Debosmit\_Majumder](https://community.jupiter.money/u/Debosmit_Majumder)\ **Post date:** [5 March 2023 12:10 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/968 "2023-03-05T12:10:09Z")
Use any app which supports your credit card issuer - as long as it is using BBPS, your money is safe. ---
**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\ **Post date:** [5 March 2023 12:10 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/969 "2023-03-05T12:10:40Z")
Yes, but limited to 250 ---
**Author:** ![kirankiran10333](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/kirankiran10333/32/14334_2.png) [@kirankiran10333](https://community.jupiter.money/u/kirankiran10333)\ **Post date:** [5 March 2023 12:11 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/970 "2023-03-05T12:11:20Z")
Yes, it is one of drawback. Anyway I donā€™t use that much šŸ˜œšŸ˜œ ---
**Author:** ![kirankiran10333](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/kirankiran10333/32/14334_2.png) [@kirankiran10333](https://community.jupiter.money/u/kirankiran10333)\ **Post date:** [5 March 2023 12:11 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/971 "2023-03-05T12:11:49Z")
BBPS means? ---
**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\ **Post date:** [5 March 2023 12:13 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/972 "2023-03-05T12:13:09Z")
Bharat Bill Payment System (BBPS) is a RBI mandated system which offers integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions. [Previous page](https://community.jupiter.money/t/news-about-neo-banks/564.md?page=46) [Next page](https://community.jupiter.money/t/news-about-neo-banks/564.md?page=48)