Global Neobanking Market Research Report 2023

Neobanking Market

The global Neobanking market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Neobanking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Neobanking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Neobanking in Enterprises is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Neobanking include Atom Bank, Sopra Steria (Fidor Bank), Monzo Bank, Movencorp, MyBank, N26 GmbH, Revolut, Simple Finance Technology Corporation and Ubank Limited, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Neobanking, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neobanking.

The Neobanking market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Neobanking market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Neobanking companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Scope of Neobanking Market Report

Core Chapters

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Neobanking Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Business Account

1.2.3 Savings Account

1.3 Market by Application

1.3.1 Global Neobanking Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Enterprises

1.3.3 Personal

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Neobanking Market Perspective (2018-2029)

2.2 Neobanking Growth Trends by Region

2.2.1 Global Neobanking Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Neobanking Historic Market Size by Region (2018-2023)

2.2.3 Neobanking Forecasted Market Size by Region (2024-2029)

2.3 Neobanking Market Dynamics

2.3.1 Neobanking Industry Trends

2.3.2 Neobanking Market Drivers

2.3.3 Neobanking Market Challenges

2.3.4 Neobanking Market Restraints

3.1 Global Top Neobanking Players by Revenue

3.1.1 Global Top Neobanking Players by Revenue (2018-2023)

3.1.2 Global Neobanking Revenue Market Share by Players (2018-2023)

3.2 Global Neobanking Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Neobanking Revenue

3.4 Global Neobanking Market Concentration Ratio

3.4.1 Global Neobanking Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Neobanking Revenue in 2022

3.5 Neobanking Key Players Head office and Area Served

3.6 Key Players Neobanking Product Solution and Service

3.7 Date of Enter into Neobanking Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Neobanking Historic Market Size by Type (2018-2023)

4.2 Global Neobanking Forecasted Market Size by Type (2024-2029)

5.1 Global Neobanking Historic Market Size by Application (2018-2023)

5.2 Global Neobanking Forecasted Market Size by Application (2024-2029)

6.1 North America Neobanking Market Size (2018-2029)

6.2 North America Neobanking Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Neobanking Market Size by Country (2018-2023)

6.4 North America Neobanking Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Neobanking Market Size (2018-2029)

7.2 Europe Neobanking Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Neobanking Market Size by Country (2018-2023)

7.4 Europe Neobanking Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Neobanking Market Size (2018-2029)

8.2 Asia-Pacific Neobanking Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Neobanking Market Size by Region (2018-2023)

8.4 Asia-Pacific Neobanking Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Neobanking Market Size (2018-2029)

9.2 Latin America Neobanking Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Neobanking Market Size by Country (2018-2023)

9.4 Latin America Neobanking Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Neobanking Market Size (2018-2029)

10.2 Middle East & Africa Neobanking Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Neobanking Market Size by Country (2018-2023)

10.4 Middle East & Africa Neobanking Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Atom Bank

11.1.1 Atom Bank Company Detail

11.1.2 Atom Bank Business Overview

11.1.3 Atom Bank Neobanking Introduction

11.1.4 Atom Bank Revenue in Neobanking Business (2018-2023)

11.1.5 Atom Bank Recent Development

11.2 Sopra Steria (Fidor Bank)

11.2.1 Sopra Steria (Fidor Bank) Company Detail

11.2.2 Sopra Steria (Fidor Bank) Business Overview

11.2.3 Sopra Steria (Fidor Bank) Neobanking Introduction

11.2.4 Sopra Steria (Fidor Bank) Revenue in Neobanking Business (2018-2023)

11.2.5 Sopra Steria (Fidor Bank) Recent Development

11.3 Monzo Bank

11.3.1 Monzo Bank Company Detail

11.3.2 Monzo Bank Business Overview

11.3.3 Monzo Bank Neobanking Introduction

11.3.4 Monzo Bank Revenue in Neobanking Business (2018-2023)

11.3.5 Monzo Bank Recent Development

11.4 Movencorp

11.4.1 Movencorp Company Detail

11.4.2 Movencorp Business Overview

11.4.3 Movencorp Neobanking Introduction

11.4.4 Movencorp Revenue in Neobanking Business (2018-2023)

11.4.5 Movencorp Recent Development

11.5 MyBank

11.5.1 MyBank Company Detail

11.5.2 MyBank Business Overview

11.5.3 MyBank Neobanking Introduction

11.5.4 MyBank Revenue in Neobanking Business (2018-2023)

11.5.5 MyBank Recent Development

11.6 N26 GmbH

11.6.1 N26 GmbH Company Detail

11.6.2 N26 GmbH Business Overview

11.6.3 N26 GmbH Neobanking Introduction

11.6.4 N26 GmbH Revenue in Neobanking Business (2018-2023)

11.6.5 N26 GmbH Recent Development

11.7 Revolut

11.7.1 Revolut Company Detail

11.7.2 Revolut Business Overview

11.7.3 Revolut Neobanking Introduction

11.7.4 Revolut Revenue in Neobanking Business (2018-2023)

11.7.5 Revolut Recent Development

11.8 Simple Finance Technology Corporation

11.8.1 Simple Finance Technology Corporation Company Detail

11.8.2 Simple Finance Technology Corporation Business Overview

11.8.3 Simple Finance Technology Corporation Neobanking Introduction

11.8.4 Simple Finance Technology Corporation Revenue in Neobanking Business (2018-2023)

11.8.5 Simple Finance Technology Corporation Recent Development

11.9 Ubank Limited

11.9.1 Ubank Limited Company Detail

11.9.2 Ubank Limited Business Overview

11.9.3 Ubank Limited Neobanking Introduction

11.9.4 Ubank Limited Revenue in Neobanking Business (2018-2023)

11.9.5 Ubank Limited Recent Development

11.10 WeBank

11.10.1 WeBank Company Detail

11.10.2 WeBank Business Overview

11.10.3 WeBank Neobanking Introduction

11.10.4 WeBank Revenue in Neobanking Business (2018-2023)

11.10.5 WeBank Recent Development

11.11 CITIC aiBank

11.11.1 CITIC aiBank Company Detail

11.11.2 CITIC aiBank Business Overview

11.11.3 CITIC aiBank Neobanking Introduction

11.11.4 CITIC aiBank Revenue in Neobanking Business (2018-2023)

11.11.5 CITIC aiBank Recent Development

11.12 China Merchants Bank

11.12.1 China Merchants Bank Company Detail

11.12.2 China Merchants Bank Business Overview

11.12.3 China Merchants Bank Neobanking Introduction

11.12.4 China Merchants Bank Revenue in Neobanking Business (2018-2023)

11.12.5 China Merchants Bank Recent Development

11.13 China PSBC

11.13.1 China PSBC Company Detail

11.13.2 China PSBC Business Overview

11.13.3 China PSBC Neobanking Introduction

11.13.4 China PSBC Revenue in Neobanking Business (2018-2023)

11.13.5 China PSBC Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Neobanking Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Business Account

    Table 3. Key Players of Savings Account

    Table 4. Global Neobanking Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 5. Global Neobanking Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Neobanking Market Size by Region (2018-2023) & (US$ Million)

    Table 7. Global Neobanking Market Share by Region (2018-2023)

    Table 8. Global Neobanking Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 9. Global Neobanking Market Share by Region (2024-2029)

    Table 10. Neobanking Market Trends

    Table 11. Neobanking Market Drivers

    Table 12. Neobanking Market Challenges

    Table 13. Neobanking Market Restraints

    Table 14. Global Neobanking Revenue by Players (2018-2023) & (US$ Million)

    Table 15. Global Neobanking Market Share by Players (2018-2023)

    Table 16. Global Top Neobanking Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Neobanking as of 2022)

    Table 17. Ranking of Global Top Neobanking Companies by Revenue (US$ Million) in 2022

    Table 18. Global 5 Largest Players Market Share by Neobanking Revenue (CR5 and HHI) & (2018-2023)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Neobanking Product Solution and Service

    Table 21. Date of Enter into Neobanking Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Neobanking Market Size by Type (2018-2023) & (US$ Million)

    Table 24. Global Neobanking Revenue Market Share by Type (2018-2023)

    Table 25. Global Neobanking Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 26. Global Neobanking Revenue Market Share by Type (2024-2029)

    Table 27. Global Neobanking Market Size by Application (2018-2023) & (US$ Million)

    Table 28. Global Neobanking Revenue Market Share by Application (2018-2023)

    Table 29. Global Neobanking Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 30. Global Neobanking Revenue Market Share by Application (2024-2029)

    Table 31. North America Neobanking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 32. North America Neobanking Market Size by Country (2018-2023) & (US$ Million)

    Table 33. North America Neobanking Market Size by Country (2024-2029) & (US$ Million)

    Table 34. Europe Neobanking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. Europe Neobanking Market Size by Country (2018-2023) & (US$ Million)

    Table 36. Europe Neobanking Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Asia-Pacific Neobanking Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Asia-Pacific Neobanking Market Size by Region (2018-2023) & (US$ Million)

    Table 39. Asia-Pacific Neobanking Market Size by Region (2024-2029) & (US$ Million)

    Table 40. Latin America Neobanking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Latin America Neobanking Market Size by Country (2018-2023) & (US$ Million)

    Table 42. Latin America Neobanking Market Size by Country (2024-2029) & (US$ Million)

    Table 43. Middle East & Africa Neobanking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Middle East & Africa Neobanking Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Middle East & Africa Neobanking Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Atom Bank Company Detail

    Table 47. Atom Bank Business Overview

    Table 48. Atom Bank Neobanking Product

    Table 49. Atom Bank Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 50. Atom Bank Recent Development

    Table 51. Sopra Steria (Fidor Bank) Company Detail

    Table 52. Sopra Steria (Fidor Bank) Business Overview

    Table 53. Sopra Steria (Fidor Bank) Neobanking Product

    Table 54. Sopra Steria (Fidor Bank) Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 55. Sopra Steria (Fidor Bank) Recent Development

    Table 56. Monzo Bank Company Detail

    Table 57. Monzo Bank Business Overview

    Table 58. Monzo Bank Neobanking Product

    Table 59. Monzo Bank Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 60. Monzo Bank Recent Development

    Table 61. Movencorp Company Detail

    Table 62. Movencorp Business Overview

    Table 63. Movencorp Neobanking Product

    Table 64. Movencorp Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 65. Movencorp Recent Development

    Table 66. MyBank Company Detail

    Table 67. MyBank Business Overview

    Table 68. MyBank Neobanking Product

    Table 69. MyBank Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 70. MyBank Recent Development

    Table 71. N26 GmbH Company Detail

    Table 72. N26 GmbH Business Overview

    Table 73. N26 GmbH Neobanking Product

    Table 74. N26 GmbH Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 75. N26 GmbH Recent Development

    Table 76. Revolut Company Detail

    Table 77. Revolut Business Overview

    Table 78. Revolut Neobanking Product

    Table 79. Revolut Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 80. Revolut Recent Development

    Table 81. Simple Finance Technology Corporation Company Detail

    Table 82. Simple Finance Technology Corporation Business Overview

    Table 83. Simple Finance Technology Corporation Neobanking Product

    Table 84. Simple Finance Technology Corporation Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 85. Simple Finance Technology Corporation Recent Development

    Table 86. Ubank Limited Company Detail

    Table 87. Ubank Limited Business Overview

    Table 88. Ubank Limited Neobanking Product

    Table 89. Ubank Limited Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 90. Ubank Limited Recent Development

    Table 91. WeBank Company Detail

    Table 92. WeBank Business Overview

    Table 93. WeBank Neobanking Product

    Table 94. WeBank Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 95. WeBank Recent Development

    Table 96. CITIC aiBank Company Detail

    Table 97. CITIC aiBank Business Overview

    Table 98. CITIC aiBank Neobanking Product

    Table 99. CITIC aiBank Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 100. CITIC aiBank Recent Development

    Table 101. China Merchants Bank Company Detail

    Table 102. China Merchants Bank Business Overview

    Table 103. China Merchants Bank Neobanking Product

    Table 104. China Merchants Bank Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 105. China Merchants Bank Recent Development

    Table 106. China PSBC Company Detail

    Table 107. China PSBC Business Overview

    Table 108. China PSBC Neobanking Product

    Table 109. China PSBC Revenue in Neobanking Business (2018-2023) & (US$ Million)

    Table 110. China PSBC Recent Development

    Table 111. Research Programs/Design for This Report

    Table 112. Key Data Information from Secondary Sources

    Table 113. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Neobanking Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Neobanking Market Share by Type: 2022 VS 2029

    Figure 3. Business Account Features

    Figure 4. Savings Account Features

    Figure 5. Global Neobanking Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 6. Global Neobanking Market Share by Application: 2022 VS 2029

    Figure 7. Enterprises Case Studies

    Figure 8. Personal Case Studies

    Figure 9. Neobanking Report Years Considered

    Figure 10. Global Neobanking Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 11. Global Neobanking Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 12. Global Neobanking Market Share by Region: 2022 VS 2029

    Figure 13. Global Neobanking Market Share by Players in 2022

    Figure 14. Global Top Neobanking Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Neobanking as of 2022)

    Figure 15. The Top 10 and 5 Players Market Share by Neobanking Revenue in 2022

    Figure 16. North America Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 17. North America Neobanking Market Share by Country (2018-2029)

    Figure 18. United States Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 19. Canada Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. Europe Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. Europe Neobanking Market Share by Country (2018-2029)

    Figure 22. Germany Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. France Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. U.K. Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Italy Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Russia Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Nordic Countries Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Asia-Pacific Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Asia-Pacific Neobanking Market Share by Region (2018-2029)

    Figure 30. China Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Japan Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. South Korea Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Southeast Asia Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. India Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Australia Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Latin America Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Latin America Neobanking Market Share by Country (2018-2029)

    Figure 38. Mexico Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Brazil Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Middle East & Africa Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Middle East & Africa Neobanking Market Share by Country (2018-2029)

    Figure 42. Turkey Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Saudi Arabia Neobanking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Atom Bank Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 45. Sopra Steria (Fidor Bank) Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 46. Monzo Bank Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 47. Movencorp Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 48. MyBank Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 49. N26 GmbH Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 50. Revolut Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 51. Simple Finance Technology Corporation Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 52. Ubank Limited Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 53. WeBank Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 54. CITIC aiBank Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 55. China Merchants Bank Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 56. China PSBC Revenue Growth Rate in Neobanking Business (2018-2023)

    Figure 57. Bottom-up and Top-down Approaches for This Report

    Figure 58. Data Triangulation

    Figure 59. Key Executives Interviewed