Neobanking Market Size, Share, and Growth Analysis by 2031

Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031

Coverage: Neobanking Market covers analysis By Account Type (Business and Savings); Application (Enterprises, Personal, and others); and Geography

Report Date : Nov 2025
Report Code : TIPRE00039154

Category : Banking, Financial Services, and Insurance
Status : Upcoming

Available Report Formats :
No. of Pages : 150

Page Updated: Aug 2025

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Neobanking Market is expected to register a CAGR of 59.4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Billion by 2031.

The report is categorized by Account Type (Business, Savings) and further analyzes the market based on Application (Enterprises, Personal). A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.

The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.

Purpose of the Report

The report Neobanking Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Neobanking Market Segmentation

Account Type

Business
Savings

Application

Enterprises
Personal

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Neobanking Market: Strategic Insights

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This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Neobanking Market Growth Drivers

Revolutionizing Finance: Neobanks Empowering the Digital Generation
Seamless Banking Experience: How Neobanks Are Redefining Convenience
Financial Inclusion: Neobanks Bridging Gaps for Underserved Communities

Neobanking Market Future Trends

Unlocking Neobanking: Your Path to Financial Freedom!
Embrace the Future: Neobanking Solutions for Everyone!
Transforming Banking: Discover the Power of Neobanks Today!

Neobanking Market Opportunities

Neobanks Revolutionize Personal Finance for the Digital Age
AI-Powered Banking: Personalized Services at Your Fingertips
Sustainable Banking: Neobanks Lead the Charge for Eco-Friendly Finance

Neobanking Market Regional Insights

The regional trends and factors influencing the Neobanking Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Neobanking Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Neobanking Market Report Scope

Report Attribute	Details
Market size in 2024	US$ XX million
Market Size by 2031	US$ XX Billion
Global CAGR (2025 - 2031)	59.4%
Historical Data	2021-2023
Forecast period	2025-2031
Segments Covered	By Account Type Business Savings By Application Enterprises Personal
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Monzo Bank Limited Fidor Bank Ag Atom Bank PLC. Movencorp Inc. Mybank N26 Revolut Ltd. Simple Finance Technology Corporation Ubank Limited Webank, Inc.

Neobanking Market Players Density: Understanding Its Impact on Business Dynamics

The Neobanking Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Get the Neobanking Market top key players overview

Key Selling Points

Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Neobanking Market, providing a holistic landscape.
Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Neobanking Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

Frequently Asked Questions

What are the driving factors impacting the global neobanking market market?

The convenience offered to customers and the best interest rates offered over traditional banks are the major factors that propel the global neobanking market.

What is the estimated market CAGR for the global neobanking market market?

The global neobanking market market is expected to grow at a CAGR of 59.4 % during the forecast period 2023 - 2031.

Which are the key players holding the major market share of the neobanking market?

The key players holding majority shares in the global neobanking market are Monzo Bank Limited, Fidor Bank Ag, Atom Bank PLC, Movencorp Inc., and Mybank.

What are the future trends of the Global neobanking market?

Leverage of AI and ML for Fraud Detection, which is anticipated to play a significant role in the global neobanking market in the coming years.

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the Neobanking Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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