Neobanking Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030
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Fintech startups have over 15 million customers, especially in the banking sector, out of which neobanks acquire about half of the customers. Neobanking market has registered a CAGR of 50.6% during the period 2017 to 2020. In 2018, the neobank market accounted for about $18,604 million and $39,928 in 2020 which is expected to see a growth of $3,94,648 million by 2030.
The neobanking market is globally driven by features like simplicity, speed, cost-effectiveness, and improved functionality offered to the customers. The wide varieties of products accessible are unlimited, which is most likely to increase the market development over the forecasted period.
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Last Update : 13 September 2020
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