Neobanks have become more popular by providing competitive offerings like personal finance management features and budgeting tools and wrapping those features in a slick user experience. But nearly every neobank struggles against a common existential threat: profitability. Three Key Questions This Report Will Answer:. What factors will drive the neobank market forward in the next five years?
Wealth management was the fastest-growing segment; volumes in that area had nearly doubled. It should be noted that Germany’s financial services industry is among the least-developed sectors with respect to digital ad spending, because heavier regulation in Europe means less access to consumers’ personal data and hence less precise targeting.
That's why today we're introducing Financial Services from Insider Intelligence, a robust coverage area offering unbiased insight into how technology is transforming Banking, Payments, Insurance, and Wealth Management. Financial Services leverages our industry recognized and trusted methodology to provide clients with reliable estimates that will help them make better decisions.