Neobank – The prefix neo within the new term “neobank” in Greek means “new” (from the Greek neos new), i.e. neobanks are upgraded and modernised banks, often modernised with modern functionality and forms of communication and information transfer together with fundamental components like internet (websites, offices) and cellular bank (apps, messaging, telephone management).

The ranking contains only full-fledged banks operating beneath banking licenses and under full management of hyperregulators. Payment systems and organisations working beneath fee operators’ licences aren’t included within the rating.

Leave a reply

required