The digital Revolut(ion)

Megan | Mar 25, 2024May 09, 2024

LESSON OVERVIEW

The main objectives of this lesson are to:

• practise vocabulary related to online banking and other digital services;
• watch and discuss an explainer video of a neobank;
• evaluate the features of neobanks and other online businesses.

In this lesson, students compare services in the past and the present, learn digital business vocabulary and talk about their own experiences. They also watch a video about a successful neobank and discuss the features of such banks and other digital services.   

VOCABULARY AND DISCUSSION

This lesson starts with a warm-up in which students compare what people did in the past when they wanted to do things such as get a taxi, pay for utilities and order takeaway food to what they do now. After that, they practise digital business vocabulary and complete sentences using words and phrases in the boxes. Then, students describe what the phrases mean using the context to help them. Next, they analyse the statements and discuss the ones they have experience with.

VIDEO

In this part of the lesson, students prepare to watch an explainer video. They choose what they think the correct definition of neobank is and explain what services it might offer. Then, they watch the first part of the video and choose the best words or phrases to describe its idea. After that, students discuss questions about their opinion on the neobank called Revolut and its success. Before watching the second part, students brainstorm what the bank’s challenges and future might be. Next, they watch the excerpt from the video and check their ideas. 

MORE DISCUSSION

At this point in the lesson, students discuss to what extent some features (e.g. security issues, customer service, gamification of products and services, etc.) encourage people to use neobanks like Revolut compared to traditional banks. Finally, they read about some other digital businesses and analyse some of their advantages and disadvantages, referring to their non-digital alternative. While discussing each service, students use digital business vocabulary from the lesson.   

HOMEWORK/REVISION

This lesson also includes an additional task that you can use as homework or revision. In the task, students read sentences about digital companies and use the target vocabulary to replace one phrase in each sentence. Then, they complete the sentences with their own ideas. The task is available in the teacher’s version of the worksheet. You can print it and hand it out to your students. It’s also included in the e-lesson plan.

WORKSHEETS

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