The future of banking with Neon's co-founder Simon Youssef hosted by Silvan Krähenbühl

<p>In this episode hosted by <a href="https://www.linkedin.com/in/silvankraehenbuehl/">Silvan Krähenbühl</a>, a serial entrepreneur and host of the <a href="https://swisspreneur.org/">Swisspreneur</a> podcast, Silvan spoke to the co-founder of <a href="https://www.neon-free.ch/en/">Neon</a>, a leading Swiss digital bank, <a href="https://www.linkedin.com/in/simonyoussef/">Simon Youssef</a>, about the future of banking.</p><p>Here are the highlights of what they talked about:</p><ul> <li>Leaving your well-paying corporate job</li> <li>The business model behind a free product</li> <li>Is Revolut a competitor?</li> <li>Being on Höhle der Löwen</li> <li>Doing a 5M tokenized crowd investment</li> </ul><p><br></p><p><strong>Simon Youssef's story<br></strong><br></p><p><a href="https://www.linkedin.com/in/simonyoussef/?originalSubdomain=de">Simon Youssef</a> is the co-founder and CTO of <a href="https://www.neon-free.ch/">neon</a>, a transaction account for everyday finances. Before starting his own company, he was an associate at the management consulting company <a href="https://www.strategyand.pwc.com/">Strategy&amp;</a>. His educational background is in Physics, and he holds a PhD from the <a href="https://www.microsoft.com/en-us/research/lab/microsoft-research-cambridge/">Microsoft Research Lab</a>.</p><p>Simon and his co-founder <a href="https://www.swisspreneur.org/podcast/jorg-sandrock-ep156">Jörg Sandrock</a> worked together at Strategy&amp;, where they became well acquainted with the Swiss banking market. After a few unfulfilling projects, Simon went on a surfing sabbatical in Indonesia. During this time, Jörg proposed the neon business idea to him, and Simon decided to take the leap.</p><p>Whereas typical banking apps cater to the bank's sales interests, merely replicating the organizational structure of a traditional bank, neon offers a client-focused product free of charge, with the lowest fees in Switzerland. Neon manages this because, having a team of around 20 employees, they can live on much sl