Neobanking
A neobank exists solely online without any physical branches and independently or in partnership with traditional banks. This enables them to navigate and comply with the regulatory environment.
All edits
June 23, 2020
The size of Neobanking market is anticipated to grow at large scale over the forecast period (2020-2025).
May 22, 2020
March 24, 2020
March 24, 2020
Some 60% percent of Singaporeans will migrate services from their current bank to new digital banks, citing sign-up promos and more innovative products and services as a key driver.
January 24, 2020
January 6, 2020
2020
According to RFi research there is minimal consumer awareness of open banking and neobanks in Australia, with only a slow growth of understanding amongst consumers.
November 4, 2019
October 30, 2019
The Brazilian company's rapid growth shows the promise of mobile banks in developing markets, where much of the population doesn't have adequate financial services.
July 18, 2019
June 25, 2019
Monzo is close to largest competitor N26, which achieved a $2.7 Billion valuation earlier in 2019.
November 20, 2018
October 2, 2018
January 5, 2015
2017
The term, derived from the Greek νεος (neos) meaning "new" bank, is used to describe banks challenging traditional banking models with online and mobile application focused services.
A neobank is a type of direct bank, that operates exclusively online without traditional physical branch networks. It's a wide umbrella of financial service providers. Neobanks can be called financial technology firms that provide digital and mobile-first financial solutions payments and money transfers, money lending, and more.
- Neobanks that partnered with traditional banks to provide those financial services.
A neobank is a type of direct bank, that operates exclusively online without traditional physical branch networks. It's a wide umbrella of financial service providers. Neobanks can be called financial technology firms that provide digital and mobile-first financial solutions payments and money transfers, money lending, and more.
A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks. It's a wide umbrella of financial service providers. Neobanks can be called financial technology firms that provide digital and mobile-first financial solutions payments and money transfers, money lending, and more.
Find more entities like Neobanking
