Over the last decade since the start of the fintech boom, the financial service sector has seen the rise of more than 100 stand-alone digital banks globally. They have transformed the way digitally inclined consumers save, borrow, transact and invest. Despite early hits and misses, the second generation of digital-only banks has emerged since 2014 to cater mainly to the younger and mobile-native clientele. But reckoning is coming. They now must prove that beyond a superior customer and user experience, they can also be profitable. This report provides a detailed analysis of the state of digital-only banks, based on the Global top 100 digital-only banks ranking and covers key insights that can be drawn from the ranking.
The file is directly delivered into your account provided soon after online payment is received. The file contains two documents - a pdf MS PowerPoint deck (26 slides) and the associated data sheet in Excel format.
The report includes:
1.Aggregated analysis of key data points from the ranking
2.Analysis of the successes and failures of global digital-only banks in expanding beyond their home market
3.Insights into the rise of super challenger banks
4.Analysis of the rise of pan-Asian digital banks
5.Coverage on the prospects of digital-only banks in Hong Kong
6.Business cycle of digital-only banks
7.Success factors of profitable digital-only banks
This report answers:
1.What are the key success factors that digital-only banks need to consider to become successful?
2.What the profitable digital-only banks as of FY2021?
3.What are the current operational and financial benchmarks for digital-only banks?
4.What are the key global and regional developments in digital-only banking?
Over the last decade since the start of the fintech boom, the financial service sector has seen
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