Global Neo and Challenger Bank Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Challenger banks are small, recently-created retail banks in the United Kingdom that compete with the longer-established banks in the country and a neo bank is an independent, built from the ground up, digital bank. It has no existing legacy systems and it isn't attached to an existing bank. They are an important part of the emerging cohort of fintechs challenging the status-quo in financial services. The Neo and Challenger Bank market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Neo and Challenger Bank market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Neo and Challenger Bank Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Neo and Challenger Bank market are: N26 Ubank Pockit Jenius Monzo Bank Digibank MyBank (Alibaba Group) WeBank (Tencent Holdings Limited) Hello Bank Atom Bank K Bank Movencorp Timo Koho Bank Kakao Bank Jibun Soon Banque Holvi Bank Simple Finance Technology Fidor Group Tandem Bank Starling Bank Rocket Bank Most important types of Neo and Challenger Bank products covered in this report are: Neobanks Challenger Banks Most widely used downstream fields of Neo and Challenger Bank market covered in this report are: Personal Consumers Business Organizations Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.