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Neobanking Market Share
- Report ID: GMI2844
- Published Date: Feb 2022
- Report Format: PDF
Neobanking Market Share
Some of the key companies functioning in the market include:
- Atom Bank Plc
- BBVA S.A
- BMTX Inc
- Chime Financial Inc
- Citigroup Inc
- Dave Inc
- Deutsche Bank AG
- Digibank (DBS Bank Ltd.)
- Equitable Bank
- HSBC Holdings Plc
- Monzo Bank Ltd
- N26 GmbH
- Neo Financial Technologies Inc
- Nubank S.A
- OakNorth
- Orange Bank
- OTP Bank Group
- Paytm Payments Bank
- Revolut Ltd
- SoFi Technologies Inc
- Sopra Steria Group
- Starling Bank
- Tangerine Bank
- Tinkoff Bank
- Upgrade, Inc.
The neobanking market is analyzed to be highly competitive due to the presence of both multinational companies and fintech start-ups in the space. These market participants are mainly focusing on collaboration with banking institutes to gain revenue share. Prominent leaders operating in the market are placing an ever-growing emphasis on delivering advanced digital banking solutions that can cater to the dynamic requirements, especially during the rise of AI-enabled automation amid the ongoing pandemic.
The market has also witnessed several strategic alliances between key players to launch new products with added functionalities and maintain revenue share & profitability such as the June 2020 collaboration of N26 with TransferWise to co-develop a neobanking infrastructure for rapid provisioning of foreign currency transfer services.
Frequently Asked Questions (FAQ) :
Neobanking Market Scope
