Thailand: FinTech transaction value 2017-2027

The transaction value in the 'Neobanking' segment of the fintech market in Thailand was forecast to continuously increase between 2023 and 2027 by in total 16.6 billion U.S. dollars (+95.79 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 33.91 billion U.S. dollars and therefore a new peak in 2027. Notably, the transaction value of the 'Neobanking' segment of the fintech market was continuously increasing over the past years.

Find further information concerning the number of users in the 'digital payments' segment of the fintech market in Ghana and the number of users in the 'neobanking' segment of the fintech market in Thailand.

Transaction value of the FinTech sector in Thailand from 2017 to 2027 (in billion U.S. dollars)

Characteristic	Transaction value in billion U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

A neobank is a type of challenger bank that operates solely digitally. Neobanks are newly established banks that do not belong to large conventional banks. They do not have any physical branches and can provide their services both via mobile or desktop devices. They require their clients to go through a digital onboarding process, most frequently via smartphone. Neobanks can be of two types: those which have a banking license and those that do not.

Additional Information:

The most popular neobanks include Revolut, Chime, Nubank, N26, and Monzo.

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