{"id":45148,"date":"2025-09-01T20:01:31","date_gmt":"2025-09-01T20:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45148"},"modified":"2025-09-01T20:01:31","modified_gmt":"2025-09-01T20:01:31","slug":"deobanks-challenge-banks-and-fintechs-as-third-force-in-finance-says-wefi-ceo","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45148","title":{"rendered":"Deobanks Challenge Banks And Fintechs As Third Force In Finance, Says WeFi CEO"},"content":{"rendered":"<div>\n<p>A new category of financial institution is beginning to take shape as decentralized banking models, or &#8220;deobanks,&#8221; position themselves between traditional banks and fintech firms. <\/p>\n<p>The shift, industry leaders say, could redefine competition in global finance over the next decade.<\/p>\n<p>&#8220;Banks offer trust through strong regulation, and fintechs provide digital convenience. Deobanks deliver user sovereignty without sacrificing accessibility,&#8221; said <strong>Maksym Sakharov<\/strong>, co-founder and Group CEO of <strong>WeFi<\/strong>, the first deobank of its kind, in an interview with Benzinga. <\/p>\n<p>&#8220;This forces existing players to rethink their value proposition from the ground up,\u201d Sakharov, who pioneered the concept of a Deobank, acquiring a Guiness World Record in the process, said.<\/p>\n<p>The premise behind deobanks is that users should retain ownership of their assets while accessing services as seamlessly as with traditional institutions. <\/p>\n<p>Sakharov argued that this is particularly relevant in emerging markets, where infrastructure gaps and high fees make alternatives more appealing.<\/p>\n<p>Adoption hurdles remain. <\/p>\n<p>Many potential users still associate decentralized finance with technical complexity, despite improvements in interfaces and &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/tech\/25\/09\/47439724\/deobanks-challenge-banks-and-fintechs-as-third-force-in-finance-says-wefi-ceo\" alt=\"Deobanks\" challenge banks and fintechs as third force in finance says wefi ceo>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new category of financial institution is beginning to take shape as decentralized banking models, or &#8220;deobanks,&#8221; position themselves between traditional banks and fintech firms. The shift, industry leaders say, could redefine competition in global finance over the next decade. &#8220;Banks offer trust through strong regulation, and fintechs provide digital convenience. Deobanks deliver user sovereignty [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45148","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45148"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45148\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}