Customer acceptance of neobanks in Germany 2022
In 2022, only nine percent of people in Germany were already a customer of a neobank. 36 percent of people could never imagine being a neobank customer. Neobanks are usually fintech firms that provide services only online and due to this are often able to offer more competitive rates compared to traditional banks. Banks such as N26, Monzo and Starling are examples of neobanks.
