The transaction value in the 'Neobanking' segment of the fintech market in Finland was forecast to continuously increase between 2024 and 2028 by in total 1 billion Euros (+71.7 percent). Notably, the transaction value of the 'Neobanking' segment of the fintech market was continuously increasing over the past years.
Forecast of the neobanking market revenue in Finland from 2018 to 2028
(in million euros)
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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Statista. (November 13, 2024). Forecast of the neobanking market revenue in Finland from 2018 to 2028 (in million euros) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/forecasts/1536317/hungary-neobanking-market-revenue-forecast-finland
Statista. "Forecast of the neobanking market revenue in Finland from 2018 to 2028 (in million euros)." Chart. November 13, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/forecasts/1536317/hungary-neobanking-market-revenue-forecast-finland
Statista. (2024). Forecast of the neobanking market revenue in Finland from 2018 to 2028 (in million euros). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/forecasts/1536317/hungary-neobanking-market-revenue-forecast-finland
Statista. "Forecast of The Neobanking Market Revenue in Finland from 2018 to 2028 (in Million Euros)." Statista, Statista Inc., 13 Nov 2024, https://www.statista.com/forecasts/1536317/hungary-neobanking-market-revenue-forecast-finland
Statista, Forecast of the neobanking market revenue in Finland from 2018 to 2028 (in million euros) Statista, https://www.statista.com/forecasts/1536317/hungary-neobanking-market-revenue-forecast-finland (last visited November 17, 2024)
Forecast of the neobanking market revenue in Finland from 2018 to 2028 (in million euros) [Graph], Statista, November 13, 2024. [Online]. Available: https://www.statista.com/forecasts/1536317/hungary-neobanking-market-revenue-forecast-finland