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). Specifically, a neo bank is a type of direct bank that is 100% digital and reaches customers on mobile apps and personal computer platforms only. In general, a neo-bank don鈥檛 have their own bank license 鈥� they are an institution that provides checking, a prepaid debit card and some form of savings account without the traditional brick-and-mortar building. This usually includes features like mobile deposits, P2P payments, mobile budgeting tools and real-time digital receipts. Challenger banks are defined as fintech companies leveraging technology and software to digitize and streamline retail banking. Challengers use digital distribution channels, typically mobile, to offer competitive retail banking services such as current accounts, savings accounts, loans, insurance, and credit cards. While neo-banks offer a mobile-first banking experience in partnership with a traditional bank, challenger banks aim at becoming fully-licensed banks, creating new data-driven banking experiences and pricing models.
The global market for Neo and Challenger Bank was estimated to be worth US$ 6865 million in 2023 and is forecast to a readjusted size of US$ 43430 million by 2030 with a CAGR of 28.0% during the forecast period 2024-2030
The main Neo and Challenger Bank players include Atom Bank, Tandem Bank, N26, WeBank, MyBank, Starling Bank, etc. The top six Neo and Challenger Bank players account for approximately 24% of the total global market. Europe is the largest consumer market for Neo and Challenger Bank, followed by North America and Asia-Pacific. And in terms of Applications, the largest segment is Business, followed by Personal.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Neo and Challenger Bank, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Neo and Challenger Bank by region & country, by Type, and by Application.
The Neo and Challenger Bank market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Neo and Challenger Bank.
麻豆原创 Segmentation
By Company
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
Segment by Type:
Neobanks
Challenger Banks
Segment by Application
Personal Consumers
Business Organizations
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Neo and Challenger Bank manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Neo and Challenger Bank in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Neo and Challenger Bank in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 麻豆原创 Overview
1.1 Neo and Challenger Bank Product Introduction
1.2 Global Neo and Challenger Bank 麻豆原创 Size Forecast
1.3 Neo and Challenger Bank 麻豆原创 Trends & Drivers
1.3.1 Neo and Challenger Bank Industry Trends
1.3.2 Neo and Challenger Bank 麻豆原创 Drivers & Opportunity
1.3.3 Neo and Challenger Bank 麻豆原创 Challenges
1.3.4 Neo and Challenger Bank 麻豆原创 Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Neo and Challenger Bank Players Revenue Ranking (2023)
2.2 Global Neo and Challenger Bank Revenue by Company (2019-2024)
2.3 Key Companies Neo and Challenger Bank Manufacturing Base Distribution and Headquarters
2.4 Key Companies Neo and Challenger Bank Product Offered
2.5 Key Companies Time to Begin Mass Production of Neo and Challenger Bank
2.6 Neo and Challenger Bank 麻豆原创 Competitive Analysis
2.6.1 Neo and Challenger Bank 麻豆原创 Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Neo and Challenger Bank Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Neo and Challenger Bank as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Neobanks
3.1.2 Challenger Banks
3.2 Global Neo and Challenger Bank Sales Value by Type
3.2.1 Global Neo and Challenger Bank Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Neo and Challenger Bank Sales Value, by Type (2019-2030)
3.2.3 Global Neo and Challenger Bank Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Personal Consumers
4.1.2 Business Organizations
4.2 Global Neo and Challenger Bank Sales Value by Application
4.2.1 Global Neo and Challenger Bank Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Neo and Challenger Bank Sales Value, by Application (2019-2030)
4.2.3 Global Neo and Challenger Bank Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Neo and Challenger Bank Sales Value by Region
5.1.1 Global Neo and Challenger Bank Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Neo and Challenger Bank Sales Value by Region (2019-2024)
5.1.3 Global Neo and Challenger Bank Sales Value by Region (2025-2030)
5.1.4 Global Neo and Challenger Bank Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Neo and Challenger Bank Sales Value, 2019-2030
5.2.2 North America Neo and Challenger Bank Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Neo and Challenger Bank Sales Value, 2019-2030
5.3.2 Europe Neo and Challenger Bank Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Neo and Challenger Bank Sales Value, 2019-2030
5.4.2 Asia Pacific Neo and Challenger Bank Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Neo and Challenger Bank Sales Value, 2019-2030
5.5.2 South America Neo and Challenger Bank Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Neo and Challenger Bank Sales Value, 2019-2030
5.6.2 Middle East & Africa Neo and Challenger Bank Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Neo and Challenger Bank Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Neo and Challenger Bank Sales Value
6.3 United States
6.3.1 United States Neo and Challenger Bank Sales Value, 2019-2030
6.3.2 United States Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Neo and Challenger Bank Sales Value, 2019-2030
6.4.2 Europe Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Neo and Challenger Bank Sales Value, 2019-2030
6.5.2 China Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.5.3 China Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Neo and Challenger Bank Sales Value, 2019-2030
6.6.2 Japan Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Neo and Challenger Bank Sales Value, 2019-2030
6.7.2 South Korea Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Neo and Challenger Bank Sales Value, 2019-2030
6.8.2 Southeast Asia Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Neo and Challenger Bank Sales Value, 2019-2030
6.9.2 India Neo and Challenger Bank Sales Value by Type (%), 2023 VS 2030
6.9.3 India Neo and Challenger Bank Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Atom Bank
7.1.1 Atom Bank Profile
7.1.2 Atom Bank Main Business
7.1.3 Atom Bank Neo and Challenger Bank Products, Services and Solutions
7.1.4 Atom Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.1.5 Atom Bank Recent Developments
7.2 Movencorp
7.2.1 Movencorp Profile
7.2.2 Movencorp Main Business
7.2.3 Movencorp Neo and Challenger Bank Products, Services and Solutions
7.2.4 Movencorp Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.2.5 Movencorp Recent Developments
7.3 Simple Finance Technology
7.3.1 Simple Finance Technology Profile
7.3.2 Simple Finance Technology Main Business
7.3.3 Simple Finance Technology Neo and Challenger Bank Products, Services and Solutions
7.3.4 Simple Finance Technology Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.3.5 Fidor Group Recent Developments
7.4 Fidor Group
7.4.1 Fidor Group Profile
7.4.2 Fidor Group Main Business
7.4.3 Fidor Group Neo and Challenger Bank Products, Services and Solutions
7.4.4 Fidor Group Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.4.5 Fidor Group Recent Developments
7.5 N26
7.5.1 N26 Profile
7.5.2 N26 Main Business
7.5.3 N26 Neo and Challenger Bank Products, Services and Solutions
7.5.4 N26 Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.5.5 N26 Recent Developments
7.6 Pockit
7.6.1 Pockit Profile
7.6.2 Pockit Main Business
7.6.3 Pockit Neo and Challenger Bank Products, Services and Solutions
7.6.4 Pockit Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.6.5 Pockit Recent Developments
7.7 Ubank
7.7.1 Ubank Profile
7.7.2 Ubank Main Business
7.7.3 Ubank Neo and Challenger Bank Products, Services and Solutions
7.7.4 Ubank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.7.5 Ubank Recent Developments
7.8 Monzo Bank
7.8.1 Monzo Bank Profile
7.8.2 Monzo Bank Main Business
7.8.3 Monzo Bank Neo and Challenger Bank Products, Services and Solutions
7.8.4 Monzo Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.8.5 Monzo Bank Recent Developments
7.9 MyBank (Alibaba Group)
7.9.1 MyBank (Alibaba Group) Profile
7.9.2 MyBank (Alibaba Group) Main Business
7.9.3 MyBank (Alibaba Group) Neo and Challenger Bank Products, Services and Solutions
7.9.4 MyBank (Alibaba Group) Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.9.5 MyBank (Alibaba Group) Recent Developments
7.10 Holvi Bank
7.10.1 Holvi Bank Profile
7.10.2 Holvi Bank Main Business
7.10.3 Holvi Bank Neo and Challenger Bank Products, Services and Solutions
7.10.4 Holvi Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.10.5 Holvi Bank Recent Developments
7.11 WeBank (Tencent Holdings Limited)
7.11.1 WeBank (Tencent Holdings Limited) Profile
7.11.2 WeBank (Tencent Holdings Limited) Main Business
7.11.3 WeBank (Tencent Holdings Limited) Neo and Challenger Bank Products, Services and Solutions
7.11.4 WeBank (Tencent Holdings Limited) Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.11.5 WeBank (Tencent Holdings Limited) Recent Developments
7.12 Hello Bank
7.12.1 Hello Bank Profile
7.12.2 Hello Bank Main Business
7.12.3 Hello Bank Neo and Challenger Bank Products, Services and Solutions
7.12.4 Hello Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.12.5 Hello Bank Recent Developments
7.13 Koho Bank
7.13.1 Koho Bank Profile
7.13.2 Koho Bank Main Business
7.13.3 Koho Bank Neo and Challenger Bank Products, Services and Solutions
7.13.4 Koho Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.13.5 Koho Bank Recent Developments
7.14 Rocket Bank
7.14.1 Rocket Bank Profile
7.14.2 Rocket Bank Main Business
7.14.3 Rocket Bank Neo and Challenger Bank Products, Services and Solutions
7.14.4 Rocket Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.14.5 Rocket Bank Recent Developments
7.15 Soon Banque
7.15.1 Soon Banque Profile
7.15.2 Soon Banque Main Business
7.15.3 Soon Banque Neo and Challenger Bank Products, Services and Solutions
7.15.4 Soon Banque Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.15.5 Soon Banque Recent Developments
7.16 Digibank
7.16.1 Digibank Profile
7.16.2 Digibank Main Business
7.16.3 Digibank Neo and Challenger Bank Products, Services and Solutions
7.16.4 Digibank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.16.5 Digibank Recent Developments
7.17 Timo
7.17.1 Timo Profile
7.17.2 Timo Main Business
7.17.3 Timo Neo and Challenger Bank Products, Services and Solutions
7.17.4 Timo Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.17.5 Timo Recent Developments
7.18 Jibun
7.18.1 Jibun Profile
7.18.2 Jibun Main Business
7.18.3 Jibun Neo and Challenger Bank Products, Services and Solutions
7.18.4 Jibun Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.18.5 Jibun Recent Developments
7.19 Jenius
7.19.1 Jenius Profile
7.19.2 Jenius Main Business
7.19.3 Jenius Neo and Challenger Bank Products, Services and Solutions
7.19.4 Jenius Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.19.5 Jenius Recent Developments
7.20 K Bank
7.20.1 K Bank Profile
7.20.2 K Bank Main Business
7.20.3 K Bank Neo and Challenger Bank Products, Services and Solutions
7.20.4 K Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.20.5 K Bank Recent Developments
7.21 Kakao Bank
7.21.1 Kakao Bank Profile
7.21.2 Kakao Bank Main Business
7.21.3 Kakao Bank Neo and Challenger Bank Products, Services and Solutions
7.21.4 Kakao Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.21.5 Kakao Bank Recent Developments
7.22 Starling Bank
7.22.1 Starling Bank Profile
7.22.2 Starling Bank Main Business
7.22.3 Starling Bank Neo and Challenger Bank Products, Services and Solutions
7.22.4 Starling Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.22.5 Starling Bank Recent Developments
7.23 Tandem Bank
7.23.1 Tandem Bank Profile
7.23.2 Tandem Bank Main Business
7.23.3 Tandem Bank Neo and Challenger Bank Products, Services and Solutions
7.23.4 Tandem Bank Neo and Challenger Bank Revenue (US$ Million) & (2019-2024)
7.23.5 Tandem Bank Recent Developments
8 Industry Chain Analysis
8.1 Neo and Challenger Bank Industrial Chain
8.2 Neo and Challenger Bank Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Neo and Challenger Bank Sales Model
8.5.2 Sales Channel
8.5.3 Neo and Challenger Bank Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
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
听
听
*If Applicable.
