Are neobanks losing the battle for your main salary? 💸

Here's why most Brits still trust legacy high street banks with their long-term cash over digital challengers like Monzo or Revolut. While lots of us use digital cards for traveling or casual spending, the average balance is only a few hundred pounds. Meanwhile, traditional bank accounts hold thousands. Until digital banks can handle complex, tricky customer issues as well as traditional branch networks, the high street isn't going anywhere. Catch Simon's neobank rant on Business As Usual, brought to you by Okta. #Fintech #Banking #Monzo #Revolut #MoneyTok #BusinessNews #UKEconomy