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# Web3-Focused Digital Banks
Cogni is Creating a Web2 to Web3 Mobile Banking Platform

By Laura McQuarrie | Published 2022-04-26 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/cogni
References: [businesswire](https://www.businesswire.com/news/home/20220426005281/en) & [getcogni](https://getcogni.com/)

![Web3-Focused Digital Banks](https://cdn.trendhunterstatic.com/thumbs/476/cogni.jpeg)

Cogni sets itself apart as the first lifestyle-focused digital bank and it is creating a first-of-its-kind [Web2](https://www.trendhunter.com/trends/buying-memecoins) to [Web3](https://www.trendhunter.com/trends/qubit) mobile banking platform to serve consumers who want to modernize their personal finance options.

This digital bank is focused on bridging the gap between Web2 and Web3 for a modern customer experience that offers easy, transparent and accessible services. With the capabilities on its platform, Cogni is set to be a solution for not just traditional finance but also everything from cryptocurrency and NFTs to gaming and the metaverse, all on a single platform.

Cogni recently announced a $23 million Series A funding round that will help it continue to build its core technology and infrastructure, as well as bring more users to the platform and expand its product suite.

## Trend Insights (Trend Hunter)

- Score: 4.5/10
- Popularity: 45% | Activity: 78% | Freshness: 12%
- Audience gender: 70% men, 30% women
- Primary generations: Gen Z, Millennial
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures)

## Key Themes

### What Makes This Trend Stand Out

- **Web3-focused Digital Banks:** The rise of web3-focused digital banks presents an opportunity for innovative banking solutions that cater to the modern consumer's needs for cryptocurrency and NFTs.
- **Web2 to Web3 Mobile Banking Platform:** The creation of a first-of-its-kind Web2 to Web3 mobile banking platform by Cogni is a disruptive innovation opportunity that could revolutionize the banking industry by bridging the gap between traditional finance and cryptocurrency.
- **Single Platform for Finance, Nfts, Gaming and the Metaverse:** Cogni's single platform for finance, NFTs, gaming, and the metaverse presents an opportunity for a more seamless, convenient and accessible digital banking experience that eliminates the need for multiple apps.

### Sectors Adopting This

- **Digital Banking:** Cogni's cutting-edge Web3-focused digital banking platform presents an opportunity for the digital banking industry to modernize and adapt to the changing needs of consumers.
- **Cryptocurrency:** Cogni's incorporation of cryptocurrency on its platform presents an opportunity for the cryptocurrency industry to expand further into the mainstream financial ecosystem by being integrated into traditional banking.
- **Gaming and Metaverse:** Cogni's inclusion of gaming and the metaverse on its banking platform presents an opportunity for the gaming and metaverse industries to enter the financial sector and offer more accessible and user-friendly financial services.

## Related on Trend Hunter

- [Blockchain-Integrated Online Banking](https://www.trendhunter.com/trends/online-banking.md)
- [Gaming-Focused Web3 Wallets](https://www.trendhunter.com/trends/qubit.md)
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- [Digital Banking Metaverses](https://www.trendhunter.com/trends/hsbc-1.md)
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- [Blockchain Banking Platforms](https://www.trendhunter.com/trends/sol-heaven.md)
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- [Crypto Accounting Platforms](https://www.trendhunter.com/trends/consola-finance.md)
