Building a Neobank: Buy vs. Build

Strategy

Development

Cost

Should you build your crypto neobank from scratch or use a whitelabel solution? We break down the costs, timelines, and risks.

Buy vs. Build: The Neobank Dilemma

Every fintech founder faces the same question: "Should we build our tech stack in-house or buy a white-label solution?"

The "Build" Approach

Building from scratch gives you 100% control, but it comes at a steep price:

Time: 12-18 months to MVP.
Cost: $500k+ in engineering salaries alone.
Risk: High probability of security vulnerabilities and regulatory missteps.

The "Buy" (Whitelabel) Approach

Using a whitelabel solution like Launch Neobank flips the script:

Time: 4-8 weeks to launch.
Cost: A fraction of the development cost (starting at $7k).
Risk: Proven, audited infrastructure and ready-made compliance.

The Verdict

Unless you are inventing a completely new blockchain protocol, "reinventing the wheel" for standard banking features (wallets, transfers, KYC) is a waste of resources. Speed to market is the ultimate competitive advantage in crypto.