The global boom in digital banks: What the data tells us

With their savvy interfaces, smart features and oodles of VC money, digital banks have become the poster-child for fintech.

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The number of neobanks has ballooned. Source: Exton

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The UK has the single highest number of neobanks. France ranks 4th. Notably, Latin America now has close to 50 live neobanks, jumping on the success of Nubank in Brazil. Source: Exton.

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Graphic courtesy of FT partners. Numbers as of Dec 2020

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Source: Fincog, which also manages a global neobank database

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The path to profitability? Source: Exton

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The global boom in digital banks: What the data tells us

Banks, banks, and even more banks

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Banks, banks, and even more banksself.__wrap_b(":Rt6glm:",1)

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The global boom in digital banks: What the data tells us

Banks, banks, and even more banks