/PRNewswire/ The global neobanking market size is expected to reach USD 2,048.53 billion by 2030, growing at a CAGR of 53.4% from 2022 to 2030, according to.
Neobanking Market Size Worth $722.60 Billion By 2028 | CAGR: 47.7%: Grand View Research, Inc.
SAN FRANCISCO, Jan. 28, 2021 /PRNewswire/ The global neobanking market size is expected
to reach USD 722.60 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated
to register a CAGR of 47.7% from 2021 to 2028. The market growth is driven by various factors, such as lower interest rates as compared to traditional banks, improved user convenience, and favorable government regulations. The demographic shift toward digitization, coupled with escalating demand for digital apps across the FinTech industry, is also expected to boost the market growth over the forecast period.