Neo & Challenger Bank Market Size study, by Type (Neo Bank, Challenger Bank), by Application (Personal, Business)- Global opportunity Analysis and Industry Forecast 2019-2025


Global Neo & Challenger Bank Industry valued approximately USD XX million in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2025. The Neo & Challenger Bank Industry is continuously growing in the global scenario at significant pace. Neo bank is referred as web based bank which provides complete range of banking solutions without having any physical offices or branch. While Challenger banks are comparatively small retail banks which are established for the purpose of competing for business with large, long-established national banks. Favorable government regulations and enhanced convenience to customers are the substantial driving factors of the Industry during the forecast period. Additionally, proactive banking regulations to grant licenses and approvals is another major factor driving the growth of the global neo and challenger bank Industry. Moreover, increasing internet penetration and rise in demand for smartphones in the developing countries are the factors that likely to create numerous opportunity in the near future. However, acquisition of customers and profitability are the factors that limiting the growth of the Industry during the forecast period.
The regional analysis of Global Neo & Challenger Bank Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of Industry share due to Favorable government regulation and Growing investment in financial technology in the region. Europe is estimated to grow at stable growth rate in the global Neo & Challenger Bank Industry over the upcoming years. Further, North America is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025.

Neo & Challenger Bank Industry Share and Size by 2019-2025
Business & Services
Ne - & Challenger Bank Market Segmentation:
By Type:
Ne - Bank
Challenger Bank

By Application:

By Region
* North America
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Ne - & Challenger Bank Market are as follows:
Atom Bank
Simple Finance Technology
Monz - Bank
MyBank (Alibaba Group)
Holvi Bank
WeBank (Tencent Holdings Ltd.)
Hell - Bank
Koh - Bank
Rocket Bank
Soon Banque

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