In 2023, the transaction value of neobanking in China amounted to over 23 billion U.S. dollars, a 43 percent increase compared to the previous year. Neobanking is still a relatively new phenomenon in China. However, in an industry that is dominated by large and state-owned institutions, innovative business models can use their competitive advantages to carve out market shares from the big players.
Annual transaction value of neobanking in China from 2017 to 2023, with forecasts until 2028
(in billion U.S. dollars)
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Statista. (March 1, 2024). Annual transaction value of neobanking in China from 2017 to 2023, with forecasts until 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/forecasts/1498472/china-annual-transaction-value-of-neobanking
Statista. "Annual transaction value of neobanking in China from 2017 to 2023, with forecasts until 2028 (in billion U.S. dollars)." Chart. March 1, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/forecasts/1498472/china-annual-transaction-value-of-neobanking
Statista. (2024). Annual transaction value of neobanking in China from 2017 to 2023, with forecasts until 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/forecasts/1498472/china-annual-transaction-value-of-neobanking
Statista. "Annual Transaction Value of Neobanking in China from 2017 to 2023, with Forecasts until 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/forecasts/1498472/china-annual-transaction-value-of-neobanking
Statista, Annual transaction value of neobanking in China from 2017 to 2023, with forecasts until 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1498472/china-annual-transaction-value-of-neobanking (last visited November 22, 2024)
Annual transaction value of neobanking in China from 2017 to 2023, with forecasts until 2028 (in billion U.S. dollars) [Graph], Statista, March 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1498472/china-annual-transaction-value-of-neobanking
