In the ever-evolving landscape of finance, the emergence of neobanks has revolutionized the traditional banking model, offering a glimpse into the future of modern financial services. But have you ever wondered, beneath the sleek interfaces and digital transactions, how does a neobank truly operate? Join us on a captivating journey as we delve into the intricate mechanics of these innovative financial institutions, deciphering the inner workings that propel them into the forefront of the banking industry. As we navigate through the digital realm of neobanking, unraveling its complexities and unraveling the mysteries behind its seamless operations, a fascinating world unfolds before us. From virtual branches to AI-driven algorithms, each component plays a pivotal role in reshaping the way we perceive and interact with our finances. So, fasten your seatbelts as we embark on an enlightening exploration, peeling back the layers of this modern banking phenomenon to demystify the question that lingers in the minds of many: how does a neobank work?