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Dagong Global Credit Rating has revealed a global ranking of neobanks.

Neobank – The prefix neo within the new time period “neobank” in Greek means “new” (from the Greek neos new), i.e. neobanks are upgraded and modernised banks, often modernised with modern functionality and types of communication and knowledge switch including primary parts like web (websites, offices) and cell bank (apps, messaging, phone management).

The ranking contains solely full-fledged banks operating underneath banking licenses and under full control of hyperregulators. Payment techniques and organisations working beneath payment operators’ licences are not included within the ranking.