Challenger banks have been expanding in recent years, attracting an increasing volume of funding from investors to develop their business. Brazilian neobank, Nubank, was the leading neobank in terms of capital raised as of April 2023, which amounted to 3.9 billion U.S. dollars. SoFi followed, with three billion U.S. dollars raised.
Total funding raised by selected independent neobanks worldwide as of April 2023
(in million U.S. dollars)
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Website (topmobilebanks.com). (April 6, 2023). Total funding raised by selected independent neobanks worldwide as of April 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1239684/leading-independent-neobanks-by-total-funding/
Website (topmobilebanks.com). "Total funding raised by selected independent neobanks worldwide as of April 2023 (in million U.S. dollars)." Chart. April 6, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1239684/leading-independent-neobanks-by-total-funding/
Website (topmobilebanks.com). (2023). Total funding raised by selected independent neobanks worldwide as of April 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1239684/leading-independent-neobanks-by-total-funding/
Website (topmobilebanks.com). "Total Funding Raised by Selected Independent Neobanks Worldwide as of April 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1239684/leading-independent-neobanks-by-total-funding/
Website (topmobilebanks.com), Total funding raised by selected independent neobanks worldwide as of April 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1239684/leading-independent-neobanks-by-total-funding/ (last visited November 21, 2024)
Total funding raised by selected independent neobanks worldwide as of April 2023 (in million U.S. dollars) [Graph], Website (topmobilebanks.com), April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1239684/leading-independent-neobanks-by-total-funding/