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Number of challenger banks in selected countries worldwide in November 2024

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Source

Release date

November 2024

Region

Worldwide

Survey time period

November 2024

Supplementary notes

The source does not provide a definition of challenger banks or methodology notes on the data collection. 

Release date is date of access.

Citation formats

Number of challenger banks worldwide 2023, by country

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 25, 2024

The United States had by far the highest number of challenger banks, or neobanks, among the observed countries as of November 2024. The U.S. counted ** neobanks, which was followed by the United Kingdom with ** neobanks and France with ** neobanks. Brazil ranked eighth globally and first in Latin America. Despite the leading position of the U.S., the region with the highest number of neobanks was Asia.

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