There’s no escape from the annoying paperwork plaguing day-to-day activities such as applying for a loan, opening a checking account, or signing up for a credit card.
For many years, brick-and-mortar banks have tried to make form filling (government-mandated paperwork) less painful by offering free pens and unlimited coffee to prospective customers. For the past few years, however, an increasing number of FinTechs have been offering solutions for completing complex financial transactions easily on personal devices. Websites of leading neobanks or digital lending services assure quick, frictionless onboarding and an intuitive user experience.