In 2020, Lanistar, afintech start-up challenger company, aims to recreate the whole banking experience. Lanistar continues to advance its technology with better, faster and more convenient ways to manage all banking needs from the comfort of an app.
Lanistar has extensively researched the requirement of bank customers, to ensure that online banking is both secure, and reliable. Customers do not have to personally visit the bank branch to open an account spending a lot of time, they can open their bank account online and the bank requires only the basic documentation for account opening. The customers can contact customer support online if they require any help with their bank account. The online banking platform is largely automated and transactions like payments are completely almost instantaneously. Additionally customers can also apply for a loan or purchase forex using online banking.
As part of its quest of becoming a One billion unicorn company, Lanistar realizes that it will grow in revenues and valuation only if its customers have more money to deposit in their bank account. Hence the banking provider is working closely with customers to help them save money. Specifically, the banking provider is targeting children, teenagers and young people who have just started earning, to help them become financial literate and realize the importance of saving some money from a young age.