Market Share of Asia-Pacific Neo Banking Industry
Currently, there are 68 Neo banks operating in the Asia-pacific market. Although the number is low compared to the developed neo banking market of Europe and America, the growth rate is high. A large number of players are entering making the market more competitive. India, Australia, and Hongkong have the highest number of Neo banks in the region. However, China has the single largest number of Neo bank Customers in the region. Some of the major players in the market include We Bank, Paytm, WeLab Bank, KakaoBank, My Bank, etc.
APAC Neo Banking Market Leaders
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WeBank
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Paytm
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WeLab Bank
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kakaobank
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MyBank
*Disclaimer: Major Players sorted in no particular order
