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Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023 - Vimarsana News

Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023

An analysis from App Radar by SplitMetrics has revealed how European and UK neo and legacy banks have performed in 2023 when compared to 2022. The study of Google Play Store downloads shows that neobank apps have made the biggest user gains in 2023. Tandem Bank has seen new app downloads increase by 110% compared to 2022. This is followed by Revolut (46%), First Direct (41%),