Neobank


A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks.

History

The term neobank first became prominent in 2017 to describe fintech based financial providers that were challenging traditional banks. There were two main types of company that provided services digitally: companies that applied for their own banking license and companies that partnered with a traditional bank to provide those financial services.

List of neobanks

NeobankRegion
BrubankArgentina
UaláArgentina
ING BankAustralia
UpAustralia
Tyro PaymentsAustralia
Volt BankAustralia
XinjaAustralia
AIONBelgium
NubankBrazil
KohoCanada
TangerineCanada
SimpliiCanada
WealthsimpleCanada
Equitable BankCanada
WeBankChina
QontoFrance
N26Germany
Sony BankJapan
bunqNetherlands
Tinkoff BankRussia
QiwiRussia
Yandex.MoneyRussia
K BankSouth Korea
KakaoBankSouth Korea
BnextSpain
Atom BankUnited Kingdom
MonzoUnited Kingdom
RevolutUnited Kingdom
Starling BankUnited Kingdom
AllyUnited States
AzloUnited States
AxosUnited States
ChimeUnited States
First InternetUnited States
SimpleUnited States
Good MoneyUnited States
SoFiUnited States
VaroUnited States