In this episode, Scott and Nikole discuss the emergence and benefits of neobanks for small business owners. They cover the advantages of using these 100% online platforms, the differences between neobanks and traditional banks, and the potential risks involved.
Whether you're frustrated with traditional banks or looking to better manage your extra cash, this episode is packed with valuable insights on leveraging neobanks for your business.
Chapters:
0:00 Introduction
00:59 Episode Overview
02:24 Benefits of Neobanks
05:18 Using Neobanks for Business
05:50 Popular Neobank Options
10:49 Risks and Considerations
15:45 Conclusion
📣 Shout Outs:
Relay, Brex, Chime, Novo, North One, and Mercury
⬇️Videos Referenced⬇️
Episode 20 - What if you have TOO MUCH Cash? 6 Ways to Use Excess Cash
[https://youtu.be/-YugsUx96Tc]
🔗 Connect With Us On Linkedin! 🔗
Nikole Mackenzie
📎 https://www.linkedin.com/in/nikolemackenzie/
Momentum Accounting
📎 https://momentumaccounting.com/
Scotty OKR Scarano
📎 https://www.linkedin.com/in/scottscarano/
Padgett NC
Accounting High
📎 https://www.linkedin.com/company/accounting-high/
📎 https://www.accountinghigh.com/
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