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

Neobank – The prefix neo in 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 performance and types of communication and knowledge transfer including primary elements like internet (websites, offices) and cellular bank (apps, messaging, phone management).

The ranking contains solely full-fledged banks operating under banking licenses and under full control of hyperregulators. Payment techniques and organisations operating under payment operators’ licences aren’t included in the ranking.