Fintech infrastructure is commoditized; the moat is brand & distribution

2026-08-06

A small team can assemble a fully functional neobank for under $60,000 by stitching together APIs from providers like Dakota, Blend, MoonPay, Privy/Turnkey, Portola, and Rain, meaning the competitive edge has shifted from unique technology to user experience, distribution strength, customer support, and trusted branding.