Castle Labs 🏰(@castle_labs):Neobanks had a spend volume of over $1.11b last month. The top 3 cards @RedotPay, @ether_fi, @KASTxyz account for 55% market share. This is less concentrated than, for instance, Lending, where the top 3 account for 66%, leaving room for new providers to try to compete.

Castle Labs 🏰

@castle_labs

Digital Asset Research & Advisory

Joined August 2022

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Castle Labs 🏰@castle_labs

2026.09.03 10:55

Neobanks had a spend volume of over $1.11b last month. The top 3 cards @RedotPay, @ether_fi, @KASTxyz account for 55% market share. This is less concentrated than, for instance, Lending, where the top 3 account for 66%, leaving room for new providers to try to compete.