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A tale of two cities – the rise and future of neobanks in the UK and US

Summary by rfi.global
Ten years ago, fintechs erupted onto the banking scene with super cool user experiences on their apps and funky marketing. Neobanks were the poster child for the fintech movement, especially in the UK. According to data from RFI Global’s Orion programme, digital-only providers are finally coming of age with their share of primary relationships in the UK increasing from 1% in 2019 to 6% in 2025. However, despite this headline–grabbing success not…
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rfi.global broke the news in on Friday, May 2, 2025.
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