Neobank

History

The term neobank first became prominent in 2017 to describe fintech based financial providers that were challenging traditional banks. There were two main types of company that provided services digitally: companies that applied for their own banking license and companies that partnered with a traditional bank to provide those financial services.[4]

List of neobanks
Neobank Region
Brubank Argentina
Ualá Argentina
ING Bank Australia
Up Australia
Tyro Payments Australia
Volt Bank Australia
Xinja Australia
AION Belgium
Nubank Brazil
Koho Canada
Tangerine Canada
Simplii Canada
Wealthsimple Canada
Equitable Bank Canada
WeBank[5] China
Qonto France
N26 Germany
Sony Bank Japan
bunq Netherlands
Tinkoff Bank Russia
Qiwi Russia
Yandex.Money Russia
K Bank South Korea
KakaoBank South Korea
Bnext Spain
Atom Bank United Kingdom
Monzo United Kingdom
Revolut United Kingdom
Starling Bank United Kingdom
Ally United States
Azlo United States
Axos United States
Chime United States
Simple United States
Good Money United States
SoFi United States
Varo United States

See also

References
  1. Daet-Gibson, Blake. "How a NeoBank in Australia today, can fit into your financial setup". Medium. Retrieved 22 October 2019.
  2. CrouwdfundUp team. "What Is a Neo Bank and how are they disrupting traditional banking models?". Medium. Retrieved 31 December 2018.
  3. "The unstoppable rise of neobanks". World Finance. Retrieved 31 December 2018.
  4. "Mapping the Global NeoBank Landscape". Techfoliance. January 19, 2017.
  5. Wildau, Gabriel (5 January 2015). "Tencent launches China's first online-only bank". Financial Times. Retrieved 16 February 2015.


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