Like Fino Payments Bank, Paytm Payments Bank, Allowing Individual Person to operate a branch or work as a agent/agency who have power to or help to People for opening Jupiter Bank account and provide them instant debit card with some additional features. This thing will grab people’s believe.
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It’s called a neobank for a reason. A full-on branchless digital banking experience.
If opening an offline banking outlet is necessary to make a new-age customer believe in them, then they’re doing it all wrong imo.
PS: The aforementioned entities are all payments bank. They’re meant to operate that way with major presence in rural areas for financial inclusion.
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