NasdaqGS:SOFI
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Latest News In Digital Payment - Digital Banks Reshape Landscape With Super Apps and Innovation

The landscape of digital payments is undergoing significant transformation, fueled by the strategic evolution of digital banks in both retail and SME sectors. These digital challengers have capitalized on underserved consumer needs, reshaping traditional banking models in the process. As they have started achieving profitability, some digital banks are now exploring the potential of super apps and expanding into non-financial service verticals to maintain their growth. This movement signals a...