Biggest unicorn neo banks worldwide based on valuation and core product 2020
When comparing 17 neo banks from all over the world against each other, one sees that most challengers originally focused on either lending or debit cards. China's WeBank, for instance, had the highest valuation of all challenger bank unicorns under consideration as of November 2020, with a market value of 21 billion U.S. dollars out of a total 33 billion U.S. dollars across six neo banks that had lending as their core business. Chime - with a market value of 14 billion U.S. dollars out of roughly 23 billion U.S. dollars within the debit cards segment - was the biggest neo bank from the United States.
