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Dmitry Prostovstarted a discussion
I built and shut down a €500K neobank for immigrants in Portugal. Here's a post-mortem.
Background: I spent €500K building a neobank for immigrants in Portugal in 2021. We went from 13,000 waitlist signups to 5,000 active users, then had to shut down after 6 months. I've written a detailed post-mortem [link], but I'm here to answer specific questions about what went wrong. Some key points to start discussion: Technical: Built on top of a BaaS provider Full KYC/AML implementation...