why haven't we seen more neobanks in europe? 

just revolut, n26, bunq so far it seems? regulation in each country too hard to navigate?

Building FOSS via @frames, /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

we have and most died/are irrelevant?

afaik most countries have a few national players (e. Lydia in France, Monzo in UK, Lunar in Denmark)

they all stop growing fast (high CACs, low differentiation, hard to raise more capital)

Investing at cherry.xyz | writing at luc.cx

I expect LTV to be super high though - justifies everything else