anyone know the LTV for a typical ebank like revolut? 

Gotta be in the thousands, no?

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varies quite a bit.

Some neobanks count in 1, 3 and 5 years, because customer switch banks once in a while (at least in the UK). 

Their LTV is estimated to be lower than traditional banks.

I have seen values randing from 15/year to a few hundred throught the entire customer cycle.

Sources: early investor in Monzo, Ziglu and Baanx

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interesting, thanks for sharing! I expected it to be more. I’m seeing more and more upselling of investment products in these apps + high interest rates (inbuilt bond products)

that's their only long-term play. Not much space to innovate past UX.

Eg. Monzo wants to be a "personal financial hub", which is fine and dandy, but all other financial products which the high street banks offer are a pre-requisite. 

Revolut is technically not a neobank. Have you seen their product stack?

agreed. that's what everyone hopes for. Still a few years off though.

think they’ll all become personal financial hubs + their LTVs will increase. More monetization opportunities for frontends/owning the customer - same as in crypto. Managing finances across platforms is a pain

not so much mine, but everyone's in The City (https://en.wikipedia.org/wiki/City_of_London): app-based banks which no IRL presence

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