UK virtual banks such as Starling Bank, N26, Revolut and Monzo tailor their services for freelancers and self-employed people who need to travel a lot. Photo: Shutterstock

What to expect as launch of Hong Kong virtual banks nears

  • No fees for basic services, higher interest rates and better cash rebates have helped virtual lenders attract customers in other markets
  • Virtual banks account for about 5 per cent of retail customers in western Europe, US
Topic |   Banking & Finance

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UK virtual banks such as Starling Bank, N26, Revolut and Monzo tailor their services for freelancers and self-employed people who need to travel a lot. Photo: Shutterstock
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