Dead on Arrival of YouTrip, Challenger Bank from Singapore
For those who have never heard of YouTrip, YouTrip is a challenger bank headquartered in Singapore which has raised 25.5M USD in May 2019. In the same year, in addition to Singapore, it has also started providing service to the Thai market by partnering with the local leading bank, K Bank.
So far, the progress they’ve made seems really impressive… but why then do I say that the company is dead on arrival?