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Leading neobank individual funding rounds worldwide from 2020 to July 2023 (in million U.S. dollars)

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Sources

Release date

July 2023

Region

Worldwide

Survey time period

2020 to July 2023

Supplementary notes

*The values have been converted with the exchange rate AUS/USD on June 21, 2021, the day of the funding round.

Citation formats

Leading neobank individual funding rounds worldwide 2020-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 20, 2023
Challenger banks have been expanding in recent years, attracting an increasing volume of funding from investors to develop their business. In 2020, the U.S.-based Chime boasted the highest value of capital raised in an individual funding round, which amounted to *** million U.S. dollars. The following year, both Chime and Nubank topped their previous highest individual funding rounds, Chime with *** million U.S. dollars, and Nubank with 1150 million U.S. dollars. Nubank received further funding in 2022 and 2023, along with Neon.
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