Aug 2019 137

Delivery of the Report will take 2-3 working days once order is placed.


Neo and Challenger Bank are fintech based financial providers that provided services digitally, includes companies that applied for their own banking license (categorized as Challenger Banks). and companies that partnered with a traditional bank to provide those financial services (categorized as Neo banks).

Scope of the Report:
Existing neo and Challenger banks have set up marketplaces to provide customer-centric products as part of their collective mission to provide more than a digital version of traditional banking. The marketplaces may be in their infancy, but they are growing in terms of the products they offer and level of integrations. In doing so, neo and Challenger banks will service a far wider segment of customers than a traditional bank as they vie to become the centre of solving the wider customer need.
Neo and Challenger Bank market is developing unbalanced based on regions. In 2018, Europe is holding the largest market share for Neo and Challenger Bank market due to its active and booming banking service market. U.S., China, India and other Asia countries are expected to witness higher growth rates on account of relaxations in regulatory requirements, high penetration of internet and smartphones, and large untapped consumer base in these countries.
The global Neo and Challenger Bank market is highly competitive and fragmented due to the presence of numerous small vendors in the market. Atom Bank, WeBank (Tencent Holdings Limited), N26, Starling Bank and Tandem Bank are key Neo and Challenger Bank service providers in Global Neo and Challenger Bank market. Other prominent players in the market include Movencorp, Simple Finance Technology, Fidor Group, etc. Growing mobile adoption and new regulations will help challengers expand services.
The global Neo and Challenger Bank market is valued at 2800 million USD in 2018 and is expected to reach 14200 million USD by the end of 2024, growing at a CAGR of 38.3% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Neo and Challenger Bank.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Neo and Challenger Bank market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Neo and Challenger Bank market by product type and applications/end industries.

Market Segment by Companies, this report covers
- Atom Bank
- Movencorp
- Simple Finance Technology
- Fidor Group
- N26
- Pockit
- Ubank
- Monzo Bank
- MyBank (Alibaba Group)
- Holvi Bank
- WeBank (Tencent Holdings Limited)
- Hello Bank
- Koho Bank
- Rocket Bank
- Soon Banque
- Digibank
- Timo
- Jibun
- Jenius
- K Bank
- Kakao Bank
- Starling Bank
- Tandem Bank

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- Neobanks
- Challenger Banks

Market Segment by Applications, can be divided into
- Personal Consumers
- Business Organizations

Table of Contents

Related reports :

(Mar 20)

Market Overview The global Onsite and offsite ATMs market size is expected to gain market growth in the forecast period of 2020 to 20...

(Mar 20)

In this report,XYZ-research offers a comprehensive analysis of key market trends in the global Bitcoin Bank market. It also includes discuss...

(Mar 20)

In this report, the study analysis was given on a worldwide scale, for instance, present and traditional Bitcoin Bankgrowth analysis, compet...

(Mar 20)

In this report, our team offers a comprehensive analysis of Bitcoin Bank market, SWOT analysis of the most prominent players in this landsca...

(Mar 20)

In this report, according to this study, over the next five years the Bitcoin Bankmarket will register a xx% CAGR in terms of revenue, the g...

(Mar 20)

In this report, the Bitcoin Bank market is expected to be valued at USD xxx billion by 2026, growing at a CAGR of xx% between 2020 and 2026....


Global Info Research

Share this report on:

Subscription Option

Using our subscription option, you get access to Market Research Reports and industry data of Banking and Financial Services market as per your needs. Get the best of Banking and Financial Services research reports by utilizing your research budgets in an optimum way. Contact for details

Contact for reports


We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy