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(Hosting-NewsWire.com, March 19, 2018 ) Neo and Challenger Bank Market - Global Opportunity Analysis and Industry Forecasts, 2017-2022
Neo and challenger bank market has witnessed healthy growth rate in terms of customer base over the past few years, and is expected to witness optimistic growth in the near future.
The global market is driven by factors such as government regulations, convenience offered to consumers, and low interest rates as compared to traditional banks. However, 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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The report conducts 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.
KEY MARKET SEGMENTS OF NEO AND CHALLENGER BANK MARKET
BY BANK TYPE
Neo Bank
Challenger Bank
BY COUNTRY
U.S.
Germany
UK
China
Australia
Access More Details at http://www.kminsights.com/reports/accounting---tax-preparation--bookkeeping---payroll-operations-purchasing-world-report-174109
MARKET PLAYERS IN THE VALUE CHAIN
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
MyBank (Alibaba Group)
WeBank (Tencent Holdings Limited)
Holvi Bank
Hello Bank
Koho Bank
Rocket Bank
Soon Banque
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