Research indicates that underbanked communities feel the sector will change significantly in the next few years

After entering the banking market 10 years ago, neo-banks across the world are failing to adapt for a profitable future

Up to 24% of small businesses with under $1 million in annual revenue use neo-banks

Challenger banks or neobanks have gained rapid adoption due to their ability to meet customers in the channel of their choice

27% of consumers now have relationships with neobanks