Lendable joins the neo-bank MVNO revolution, leaving high street banks for dust.
This week, Lendable made a bold claim, setting out its stall to be, as it claims, the first UK finance brand to launch a mobile network. Keeping it simple with a £20 monthly plan, is a clear message to the industry that it means business and wants to join the mobile and MVNO revolution. I really do think this a big statement of intent and worth reflecting on, especially if you’re at the helm of a high street bank. I think it underlines a pivotal trend in banking and mobile, and any high street incumbent that doesn’t have a plan, could be left for dust. Super app generation comes into play When Reuters reported the news, it referred to the...
