Number of neobanking users in Russia 2017-2025

Annual number of neobanking users in Russia between 2017 and 2025

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Supplementary notes

Data provided by Statista Market Outlook are estimates
A neobank is a type of challenger bank that operates solely digitally. Neobanks are newly established banks that do not belong to large conventional banks. They do not have any physical branches and can provide their services both via mobile or desktop devices. They require their clients to go through a digital onboarding process, most frequently via smartphone. Neobanks can be of two types: those which have a banking license and those that do not.

The most popular neobanks include Revolut, Chime, Nubank, N26, and Monzo.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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