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Neobanking Market Is Booming Worldwide | The Bank of America Corporation, Deutsche Bank, Citigroup, Simple Finance Technology – The Market Journal

AMA recently published a detailed study of over 180+ pages in its database on ‘Neobanking’ market  covering interesting aspects of market with supporting development scenario ranging from 2013-2025. The study not just provides market size break-up by revenue and volume (Consumption, Production)* for  potential countries and important business segments but also commentary on trending factors, growth drivers.

Profiled players in study from the coverage collected using bottom-up approach are

The Bank of America Corporation(United States), Deutsche Bank AG (Germany), Citigroup Inc. (United States), Simple Finance Technology (United States), Atom Bank (United Kingdom), Movencorp (United States), HSBC Holdings plc (United Kingdom), MyBank (China), WeBank (China)

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The banking sector has traditionally been a monopoly, with the global biggest institutions upholding a relatively unchallenged control. Though, a new breed of digital-only neobanks are starting to break this hold. Neobanking is a new banking technology which delivers complete online banking solutions to its customers. These banks are different from traditional banks, such as they have no physical offices as well as branches. This type of banking allows all banking solutions, from opening an account to other services, deprived of the requirement to go to a bank. Currently, due to low competition, Neobanks are enjoying a co-operative environment. Easy procedures of account opening, transactions, etc. are robust driving factors for the market. Furthermore, the user interface of the Neobank websites provides it an upper hand. However, the authenticity as well as financial security factors may limit the market growth. The unstoppable rise of neobanks is expected to impel the growth of the global neobanking market over the coming years.

Market Segmentation

by  Type (STK, BREW, WAP), Application (Personal Application, Enterprise Application, Others)

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What’s Trending in Market?

Inclination towards mobile baking

Growth Drivers: Growing demand for customer convenience in the banking sector

The emergence of multiple technology startups & early adoption technology

Low Interest Rates and Favorable Government Regulations

Restraints: Authenticity and financial security factors

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Country level Break-up includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

Try a limited scope research document specific to Country or Regional matching your objective.

GET FULL COPY OF United States Neobanking market study @ ——— USD 2000

And, Europe Neobanking market study @ ——— USD 2500

 Table of Contents

Global Neobanking Market Research Report

Chapter 1 Global Neobanking Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Neobanking Market Forecast

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CRAIG FRANCIS (PR & Marketing Manager)

[email protected]

Ph: +1 (206) 317 1218

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