Avariety of digital-only banks have emerged over the last decade. These new entities, also referred to as neo banks or challenger banks, offer modern banking propositions tailored to the smartphone and digital world. They were founded in the aftermath of the 2008 global financial crisis with the vision of making banking services more accessible and equitable. These digital banks are setting the benchmark for the future banking market.
There are already more than 400 digital banks worldwide and they are growing rapidly in both number and size. Nevertheless, there are still many opportunities in specific service areas and geographic markets.
This report investigates the digital banking market of Asia Pacific by diving into geographic and demographic statistics of a diverse region, looking at propositions of successful players and how they differentiate themselves, as well as opportunities and factors that are most important when searching for the right approach to successfully penetrate the Asian neobanking ecosystem.
The report is informed by various interviews with experts on the Asia Pacific banking market, and draws both on existing research and analysis performed by BPC and Fincog to provide the highest quality of information to our clients.
By the end of the document, you will have a complete overview of the Asia Pacific neo banking market as well as an excellent understanding of the current competitive landscape. Together with our actionable advice on a potential market entry, we are confident that you will be perfectly positioned for building a successful business venture in Asia Pacific.
Download your free copy: Digital Banking in Asia-Pacific
