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What is ADFPAY Neo bank? Everything you need to know in detail!

ADFPAY, neo banks are fintech companies that collaborate with traditional banks to provide sophisticated banking and financial services to their consumers. ADFPAY neo banks in India are conceptually and operationally distinct from those in the West. Neo banks are generally fintech companies or businesses that create innovative banking solutions to help customers with their problems. By working with traditional banks, these banks can offer banking services such as virtual accounts and card issuance. Around the world, the neo banking space is expanding at an exponential rate. The industry's principles and methods are continually evolving, resulting in a variety of operating models.