How do European Neobanks enter the US market?
Join us on Wednesday, the 24th June at CFTE’s Virtual Campus for “How do European Neobanks enter the US market?”. We will be welcoming Xavier Gomez, who is the founder and COO of the market intelligence platform INVYO.
In 2017 he founded INVYO, a SaaS company that uses machine learning and Natural Language Processing (NLP) to help financial institutions see tomorrow’s opportunities in Financial sector.
European digital banks changed our perception of what banking is. Banking with a customer-centric approach became the norm, and this revolution simultaneously appeared in other regions, notably Asia and the US.
As the European market is saturating because of the vast number of players, Monzo, Revolut, or N26 have been looking into integrating new markets. Yet, the road is long.
In the US, Monzo only collected 0.23% of the market share with its waiting list, Revolut now has 0.97% and N26, the most implemented, is at 3.55%.
So why is entering the US market so complicated? US regulations, market competitiveness, or just different consumers’ needs?
In this session, Xavier will answer all of these questions and more, presenting a keynote on how European Neobanks enter the US Market.
11:45 – 12:00 Registration & Arrival
12:00 – 12:05 Welcome by Huy Nguyen Trieu (Co-Founder, CFTE)
12:05 – 12:25 Keynote “How do European Neobanks enter the US market?” by Xavier Gomez (Founder and COO of INVYO)
12:25 – 13:00 Open Discussion, Q&A, and Virtual Networking