Neobanks are increasingly putting pressure on traditional banks in Europe

Bank transactions via smartphone and free current accounts: The "neobanks" grow quickly and add to the traditional branch banks. Before opening the account, however, it says: look carefully. By Andreas Braun.

What Makes a Neobank Successful in 2025?

Meeting user expectations with personalization, embedded finance, security, and sustainability creates a competitive advantage that attracts NeoBank customers and, most importantly, drives profitability. The post What Makes a Neobank Successful in 2025? Key Trends and Innovations appeared first on RTInsights.

European retail banks have a further year of success in 2024, but have to arm themselves for an upcoming turnaround in the trend. This is demonstrated by the current "Retail Banking Monitor 2025" from Strategy&, the global strategy consultancy of PwC. According to this, the bank's earnings increased by 3 percent in 2024, while operating profit increased by 4 percent. However, earnings had risen by 14 percent in the previous year and the results …

Despite good results in 2024: European retail banks must prepare themselves for an imminent turnaround. This is the result of the latest Retail Banking Monitor 2025 from Strategy&, the global strategy consultancy from PwC. Challenger banks in particular would put established institutions under more and more pressure, as they were now working profitably. according to the study... The article Challenger banks put pressure on established institutio…

Traditional banks remain more profitable, the analysis showed. The most successful neobank earned 208 euros per client last year, compared to 668 euros per client at German banks in the retail segment.