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What's driving the Neo And Challenger Bank Market Growth? Key Players are Atom Bank Plc, Movencorp Inc., Simple Finance Technology Corporation (acquired by BBVA), Fidor Bank AG (acquired by BPCE Group), N26, Pockit Limited, UBank, Monzo Bank Limited

05-23-2019 08:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Neo And Challenger Bank

Neo And Challenger Bank

Neo and Challenger Bank Market is registering a CAGR of 50.6% during the forecast period 2016-2020. Neo and challenger bank market has witnessed a healthy growth rate in terms of customer base over the past few years and is expected to witness optimistic growth in the near future.

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The global market is driven by factors such as government regulations, the convenience offered to consumers, and low-interest rates as compared to traditional banks. However, the acquisition of customers and profitability are major challenges faced by these banks. Increase in penetration of smartphone and internet in the emerging economies are expected to offer lucrative opportunities for market growth. Recent approvals of MYBank and WeBank by the Chinese authorities have provided opportunities to digital-only banks to expand their presence in China.

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KEY BENEFITS FOR STAKEHOLDERS

The report provides an in-depth analysis of the neo and challenger bank market across major countries as well as the projections of the customer base for the forecast period.

The projections in the report are based on analysis of the current market trends and highlight the market potential for the period of 2016‐2020 in terms of the customer base.

The report conducts an extensive analysis of the market by following key product positioning and monitoring the top contenders within the market framework.

The report provides quantitative as well as qualitative market trends to help the stakeholders in understanding the situations prevailing in the market.

Neo And Challenger Bank Market Key Segments:

By BANK Type: Neo Bank, Challenger Bank

By Geography: U.S., Germany, UK, China, and Australia

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Table of content:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: NEO AND CHALLENGER BANK MARKET, BY FILTER TYPE

CHAPTER 5: NEO AND CHALLENGER BANK MARKET, BY APPLICATION

CHAPTER 6: NEO AND CHALLENGER BANK MARKET, BY DISTRIBUTION CHANNEL

CHAPTER 7: NEO AND CHALLENGER BANK MARKET, BY REGION

CHAPTER 8: COMPANY PROFILES

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

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