Share: New York, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Neobanking Market By Account Type, By Application, By Region, Industry Analysis and Forecast, 2020 - 2026" - https://www.reportlinker.com/p06021896/?utm_source=GNW The rising demand for the comfort of customer in the banking industry is anticipated to boost the market growth. Neobanks are customer-centric and provide customized services to customers, which make them different from conventional banks. Neobank platforms help users to validate their service offerings in real-time with the help of mobile sites and online channels. With the help of these platforms, the need for human interference is eliminated, hence decreasing errors related to the transaction. In addition, neobanking offers numerous advantages like quick servicing, healthy interest rates, and cost-effective banking, which are anticipated to boost the growth of the market during the forecast years. Neobanks have considerable growth potential which is boosted by its low-cost model for end-users with very low or no monthly fees for financial services like deposits, withdrawals, and balance maintenance.