Digital Nomads Find a Growing Ecosystem to fit their Needs

Digital nomads are those who travel often and work many jobs as they embrace a different, freer lifestyle; these customers are now finding a host of new tools in the growing digital ecosystem which can allow them to bank the way they want; digital only banks and cross-border payments companies allow these digital nomads to gain access to the financial system that once shut them out; banks charge very high fees for most services that are core to digital nomads, having low or no fee options has brought a segment of the unbanked population out of the dark, though not all the problems are solved; KYC checks, tax residence and more are still issues that cause problems for this segment, but more than ever before they are finding options for reasonable cost. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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