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Ep474: Why there aren’t more neobanks in the Middle East and what’s the recipe for success?
Published 3 years, 9 months ago
Description
Tamer Al Mauge, Managing Director MENA, Codebase Technologies; Pankul Verma, Principal, Cedar Management Consulting International
Why are there so few standalone neobanks in the MENA region and why have so many traditional banks there launched neobank subsidiaries? Is the region overbanked as many have claimed and what does it take for a neobank in MENA to be regarded as a success? Robin Amlôt of IBS Intelligence discusses the issues with Tamer Al Mauge (pictured), Managing Director MENA for Codebase Technologies and Pankul Verma, Principal at Cedar Management Consulting International.