Hungary: neobanking market users forecast 2028

The number of users in the 'Neobanking' segment of the FinTech market in Hungary was forecast to continuously increase between 2023 and 2028 by in total 195.9 thousand users (+52.6 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 568.33 thousand users and therefore a new peak in 2028. Notably, the number of users 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 transaction value in the 'neobanking' segment of the FinTech market in Japan.

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Forecast of the neobanking market users in Hungary from 2018 to 2028 (in 1,000s)

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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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