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Neo and Challenger Bank Market Size, Industry Trends, Leading Players, Share and Forecast 2019-2025

08-17-2020 04:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

Neo and Challenger Bank Market

Neo and Challenger Bank Market

The global Neo and Challenger Bank market is valued at 280 million in 2019 and is expected to reach 1.42 billion by the end of 2025, with a CAGR of 37.90% between 2019 and 2025.
Neobank is a digital-only bank with no physical branches and operates under a partner bank license in the marketplace. The bank provides complete digital and mobile preferred financial payment solutions, money transfer and money transfer services, loans, checking and savings accounts, insurance and mortgages through mobile applications. In addition, neobanks provides value-added services such as automatic accounting, cost management and payroll, especially to growing small businesses.

Challenger Bank is an established company and operates with a full banking license on the market. The bank offers services such as loans, investment and savings accounts, checking and merchant accounts, mobile banking, credit cards, mobile banking and others (retirement savings, insurance products, cryptocurrency trading). These banks continue to challenge traditional banks by innovating and integrating multiple technologies into their product offerings.

Together, Neo and Challenger Bank entered the banking industry with advanced features, real-time services, and customer-focused products and services, challenging existing existing banks on the market.

Get Sample Copy of Neo and Challenger Bank Market at: https://www.orionmarketreports.com/neo-and-challenger-bank-market/28558/#ert_pane1-1

The following players are covered in this report:

• Atom Bank
• Movencorp
• Simple Finance Technology
• Fidor Group
• N26
• Pockit
• Ubank
• Monzo Bank
• MyBank (Alibaba Group)
• Holvi Bank
• WeBank (Tencent Holdings Limited)
• Hello Bank
• Koho Bank
• Rocket Bank
• Soon Banque
• Digibank
• Timo
• Jibun

Neo and Challenger Bank Market Segmentation by Type

• Neobanks
• Challenger Banks

Neo and Challenger Bank Market Segmentation by Application

• Personal Consumers
• Business Organizations

A full report of Global Neo and Challenger Bank Market is available at: https://www.orionmarketreports.com/neo-and-challenger-bank-market/28558/

Scope of the Report

The research study analyses the global Neo and Challenger Bank industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Neo and Challenger Bank Market Report

1. What was the Neo and Challenger Bank Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Neo and Challenger Bank Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Neo and Challenger Bank Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

For more customized data, request for report customization @ https://www.orionmarketreports.com/neo-and-challenger-bank-market/28558/#ert_pane1-2

Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavours to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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