With the rollout of the n1co card, the company believes it will be positioned as the first neobank focused on Central America and the Dominican Republic — a region with roughly 55 million people. “This represents a larger addressable market than Colombia, with lower banking penetration, and an average of around 1.5 smartphones per adult,” McCormack added.

https://techcrunch.com/2022/07/10/fintechs-go-from-the-biggest-recipients-of-venture-dollars-in-2021-to-the-biggest-percentage-of-layoffs-in-2022/