Digital Banks by Continent

The number of digital banks (neobanks) in the world is constantly changing, as new digital banks are launched and some existing ones may merge or go out of business. As of March 2023, there were over 320 digital banks globally. The total number of digital banking users will exceed 3.6 billion by 2024, up from 2.4 billion in 2020 (a 54% increase). This growth will be driven by the rise of digital-only banks and the ongoing focus on digital transformation.