Frequently Asked Questions on Neobanks
Are neobanks safe? 🔒
There is no clear cut answer – whether a neobank is safe or not depends on the neobank itself. When considering a neobank, look at its accreditation, guarantees, customer reviews, and even at how many users have happily (or unhappily) used its services. The more testimonies they have, the safer the bank is likely to be.
Is PayPal a neobank?
PayPal is not a neobank. Read more in our independent review of PayPal and its services.
How can I trust Monito’s reviews?
You can trust Monito because all of our reviews are independent. We are not paid by any of the neobanks or financial institutions we review to endorse their offerings – if you see a Monito review, you can be sure that it’s impartial.