AMA Research & Media LLP

Neo and Challenger Bank Market- Growing Popularity and Emerging Trends in the Industry by 2024: Atom Bank, Movencorp, BPCE, N26, Ubank

Neo and Challenger Bank Comprehensive Study by Type (Neo Bank, Challenger Bank), Application (Personal , Business) Players and Region - Global Market Outlook to 2024

 

Edison , NJ -- (SBWIRE) -- 07/02/2019 -- AMA recently added a comprehensive study of over 200+ pages in its publication on 'Neo and Challenger Bank' market with historical & forecast data from 2013-2025. The study provides market size break-up by revenue and volume* for potential countries and important business segments. List of some players from a wide list of coverage used under bottom-up approach are Atom Bank (United Kingdom), Movencorp (United States), Simple Finance Technology (United States), BPCE (France), N26 (Germany), Pockit (United Kingdom), Ubank (Australia), Monzo Bank (United Kingdom), MyBank (China), Holvi Bank (Finland), WeBank (China), Hello Bank (France) , Koho Bank (Canada), Rocket Bank (Bangladesh), Digibank (India), Timo (Vietnam), Jibun (Tokyo), Jenius (Indonesia).

Neo & challenger bank are also known as Digital challenger bank, is a new type of digital bank that exists without any branches. Neo & Challenger Banks are 100% digital, hence simplifying the financial world, creating a customer centric approach to services, and transforming the way banking is viewed by the public and the market. This banks are gaining customer attention as they deliver larger returns on equity and charge low interest rate on loans offered as compared to those prominent traditional banks. Additionally, offers greater flexibility when it comes to lending through streamlined operations and cost. Neo Banks are basically reinventing the practices and processes associated with traditional banking to make process more convenient for the customers as complete operations can be handled with the help of the mobile. Moreover, favorable government conditions and increasing fad for digitization will fuel the market for this banks.

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Market Segmentation
by Type (Neo Bank, Challenger Bank), Application (Personal , Business)

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What's Trending in Market: Inclination towards mobile baking
Fad for reckless transactions

Growth Drivers: Low Interest Rates
Favorable Government Regulations

Restraints: Secure large number of customers

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Country level Break-up includes:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

Table of Contents
Global Neo and Challenger Bank Market Research Report
Chapter 1 Global Neo and Challenger Bank Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Neo and Challenger Bank Market Forecast

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