G LOBAL N EO AND C HALLENGER B ANK M ARKET 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research

G LOBAL N EO AND C HALLENGER B ANK M ARKET IS E STIMATED TO R EACH $356 M ILLION BY 2025, S AYS A CCURIZE M ARKET R ESEARCH Global neo and challenger bank market report published by Accurize Market Research forecast that the global market is expected to reach $356 Million by 2025; growing at a CAGR of 45.8% from 2017 to By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.neo and challenger bank market Request Sample: challenger-bank-market/sample-request Copyright © 2019 Accurize Market Research

G LOBAL N EO AND C HALLENGER B ANK M ARKET IS E STIMATED TO R EACH $356 M ILLION BY 2025, S AYS A CCURIZE M ARKET R ESEARCH High-interest rates as compared to traditional banks to drive the growth of the market High-interest rates as compared to traditional banks and proactive banking guidelines to grant licenses fuel the demand for the global neo and challenger bank market. Moreover, enhanced accessibility to customers also boosts the growth of the market. Copyright © 2019 Accurize Market Research

M ARKET S EGMENTATION The global neo and challenger bank market has been bifurcated on the basis of bank type and geography. The bank type segment includes a neo bank and challenger bank. By geography, the market is segmented into the U.S., UK, Germany, China, and Australia. Request Customization: and-challenger-bank-market/ask-for-customization Copyright © 2019 Accurize Market Research

M ARKET S EGMENTATION “Neo bank accounted for the largest market share in the bank type segment", says Accurize By bank type segment, Neo bank held the major market share, in 2017 and is likely to continue its dominance during the forecast period 2017 – The high growth is attributed to the eminence of these banks in the U.S. and the ease in the acquisition of customers. In terms of growth, challenger bank is estimated to attain the fastest CAGR driven by factors such as the proliferation of these banks in regions such as UK, Germany, and China with a high customer base, favorable regulations and substantial investments for these start-ups. Copyright © 2019 Accurize Market Research

M ARKET S EGMENTATION “The US dominated the global market with the highest market share over the forecast period", says Accurize In 2017, the U.S. generated the maximum revenue accounting for the market share of 56.8% of the total market and is estimated to achieve the fastest CAGR during the forecast period 2017 – Substantial fintech investments and large SME market in the U.S. is supporting the market growth with advanced products, solutions, and services. Copyright © 2019 Accurize Market Research

T OP PLAYERS IN THE MARKET The key market players include Movencorp, Inc., Atom Bank Plc, Simple Finance Technology Corporation, Pockit Limited, Fidor Bank AG, Number26 GmbH, Monzo Bank Limited, My Bank (Alibaba Group), We Bank, U Bank Limited among others. Copyright © 2019 Accurize Market Research

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