Number of customers at selected digital banks worldwide 2024
WeBank, the Chinese digital bank, dominated the neobank market in 2024 with an unprecedented 399 million customers at the end of 2023. The bank's robust growth extended to its financial performance, with WeBank's profits exceeding 10 billion Chinese yuans in 2023. Rakuten followed in second place with 145.4 million customers as of September 2024. Nubank secured the third position, crossing the 100 million customer mark in May 2024. In the European market, Revolut led with 50 million customers by the end of 2024.