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Is Southeast Europe fertile ground for digital banking challengers?

March 22, 2023

As a region where cash is still king and with millions of underbanked customers, Southeast Europe appears to be fertile ground for new-age digital banks.

A challenge or an opportunity?

Last year, the European Savings and Retail Banking Group (ESBG) conducted an analysis of the Global Findex Database 2021, and discovered that more than 13 million adults, or 4% of the adult EU population, remain underserved.

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