Leading neo-banks ranked by number of customers in France 2019

In 2019, Nickel was leading the ranking of mobile banks in France. The French neo-bank, bought by BNP Paribas bank group and offering to open an account in five minutes, had over one million customers. N26, the German bank offering to open an account without salary condition, came second with 600 thousands customers as of 2019.

Neo-banks

Over the last few years, the economic development of fintechs has led to the development of neo-banks in France and in the world. Neo-banks are financial technology firms offering digital or mobile-only financial services that are imposing their model in France. This new type of banks attract more and more French customers, notably due to their service cost, cheaper that the ones offered by a traditional bank. The enthusiasm around neo-bank in France is a part of an infatuation for mobile banking in general.

Mobile banking in France

With a constantly growing number telecommunication technology services and of smartphone users in France, mobile banking has become a part of French people's everyday life. Many banking services such as checking an account, transferring money or viewing bank statements are among the most common financial activities conducted through a mobile phone in France.

Ranking of the leading neo-banks in France in 2019, by number of customers

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Source

Release date

January 2020

Region

France

Survey time period

2019

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Statistics on "Online and mobile banking in France"

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