What is a Neo Bank?
A Neo bank is a bank that does not have any physical branches or locations and provides its services digitally. These banks are not tied to any legacy banking systems, allowing them to provide better customer experiences built with the customer in mind, rather than the organisation.
Neo banks are often classed as 'challenger banks' due the fact that they attempt to change banking norms and eat away at bigger organisation's market share.
Neo banks offer a variety of services, including banking accounts, credit cards, personal finance management, mortgages, business banking and many more.
We've selected some noteable neo banks from each continent for this directory. As new brands are being created every month, we'll be updating this list as our new favourites emerge.