Summary:

• **What is a Neobank?** A neobank is a modern bank that operates mainly online through apps and websites instead of physical buildings. Fi is a neobank company that helps people manage their money digitally using technology.

• **Why Fi Changed Its Plan:** Fi was having trouble getting money from investors to grow its business, so it decided to change its strategy. Instead of only serving regular people, Fi now focuses on helping other businesses use its banking technology and services.