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Global Neo and Challenger Banks Market

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Global Neo and Challenger Banks Market is estimated to reach $356 Million by 2025; growing at a CAGR of 45.8% from 2017 to 2025. Neo and challenger banks are on the verge to revolutionize – PowerPoint PPT presentation

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Title: Global Neo and Challenger Banks Market


1
Global Neo and Challenger Bank Market2017
2025
  • Published by Accurize Market Research Pvt. Ltd.

2
Global Neo and Challenger Bank Market is
Estimated to Reach 356 Million by 2025, Says
Accurize Market Research
  • Global neo and challenger bank market report
    published by Accurize Market Research forecast
    that the global market is expected to reach 356
    Million by 2025 growing at a CAGR of 45.8 from
    2017 to 2025. By geography, the Asia Pacific and
    North America are expected to grow at a CAGR of
    XX and XX, respectively, during the forecast
    period.
  • Request Sample
  • https//www.accurizemarketresearch.com/report/neo-
    and-challenger-bank-market/sample-request

3
Global Neo and Challenger Bank Market is
Estimated to Reach 356 Million by 2025, Says
Accurize Market Research
  • High-interest rates as compared to traditional
    banks to drive the growth of the market
  • High-interest rates as compared to traditional
    banks and proactive banking guidelines to grant
    licenses fuel the demand for the global neo and
    challenger bank market. Moreover, enhanced
    accessibility to customers also boosts the growth
    of the market.

4
Market Segmentation
  • The global neo and challenger bank market has
    been bifurcated on the basis of bank type and
    geography. The bank type segment includes a neo
    bank and challenger bank. By geography, the
    market is segmented into the U.S., UK, Germany,
    China, and Australia.
  • Request Customization
  • https//www.accurizemarketresearch.com/report/neo-
    and-challenger-bank-market/ask-for-customization

5
Market Segmentation
  • Neo bank accounted for the largest market share
    in the bank type segment", says Accurize
  • By bank type segment, Neo bank held the major
    market share, in 2017 and is likely to continue
    its dominance during the forecast period 2017
    2025. The high growth is attributed to the
    eminence of these banks in the U.S. and the ease
    in the acquisition of customers. In terms of
    growth, challenger bank is estimated to attain
    the fastest CAGR driven by factors such as the
    proliferation of these banks in regions such as
    UK, Germany, and China with a high customer base,
    favorable regulations and substantial investments
    for these start-ups.

6
Market Segmentation
  • The US dominated the global market with the
    highest market share over the forecast period",
    says Accurize
  • In 2017, the U.S. generated the maximum revenue
    accounting for the market share of 56.8 of the
    total market and is estimated to achieve the
    fastest CAGR during the forecast period 2017
    2025. Substantial fintech investments and large
    SME market in the U.S. is supporting the market
    growth with advanced products, solutions, and
    services.

7
Top players in the market
  • The key market players include
  • Movencorp, Inc.,
  • Atom Bank Plc,
  • Simple Finance Technology Corporation,
  • Pockit Limited,
  • Fidor Bank AG,
  • Number26 GmbH,
  • Monzo Bank Limited,
  • My Bank (Alibaba Group),
  • We Bank,
  • U Bank Limited among others.

8
Contact Us
  • Accurize Market Research Pvt. Ltd.
  • PUNE OFFICE 306,
  • ZEN BUSINESS CENTER,
  • WAKAD, NEAR BHUMKAR CHOWK,
  • MUMBAI BANGALORE HIGHWAY,
  • PUNE-411057
  • Email help_at_accurizemarketresearch.com
  • Contact No 1-339-368-6383
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