Dmitry's experience as an immigrant in Portugal led him to identify a critical problem: the inability to establish financial solutions without local credit history or a permanent address. Despite his background in fintech, building his neobank, Relocare, encountered significant challenges, resulting in its eventual shutdown. His journey underscores the importance of addressing financial integration for newcomers to ensure better access to banking services. The article reflects on lessons learned and how the hurdles faced prompted Dmitry to rethink the approach to support immigrants in navigating financial systems.
My experience as an immigrant in Portugal highlighted the significant obstacles faced when trying to integrate into a new country without local financial resources.
Even with years of experience in fintech, building a neobank was fraught with unexpected challenges that I had to confront head-on.
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