Rapid Urbanization, Adoption of Cashless Society, and Emergence of Fintech will drive the growth of India Neo banking Industry at a CAGR of 9% during 2022-27: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Due to increasing digital penetration and urbanization, Neo banks will be preferred over Traditional Banks in the next five years. Traditional Banks will face a threat to the Neo banking industry in the future due to the growing adoption of digital and cashless systems. Rapid Urbanization: Increasing income of people along with growing standards of living in urban areas will propel usage of new consumer banking products and services, leading to increased demand for modern products specially. Movement of new generation and female workers to urban region is going to drive the demand over the recent years. Adoption of Fin-tech: The COVID pandemic has led to highest fin-tech adoption rate in the country with the ever-growing transformation in BFSI at a rapid pace towards fin-tech products and services that bodes well for the Neo Banking Industry and its future. Banks and merchants are looking to collaborate with Neo Banking platforms to increase their market share and presence in the industry. The service range offered by Neo Banks are not available with the traditional banks, thus primed for massive growth going forward. Increasing support: Introduction of United Payment Interface by government enabling multiple bank accounts payment from single application gave huge boost for the digital banking industry. There is high adoption of online payment service in the country, with continuously growing penetration in the digital banking space in the future. Neo Banks will serve as a major arm towards the growth of digitalization in the country with unique saving and investment features with the aim of financial inclusion towards different sections of the society, including but not limited to women, teenagers, gig economy, small entities, and more. The publication titled “Indian Neo Banking Industry Outlook to 2027: Driven by adoption of Driven by adoption of contactless payments, Shifting Consumer Preferences towards Fin-Tech, Rising Market Players and digitalization” provides a comprehensive analysis of the Neo Banking industry in India. The report covers various aspects including Neo Banking industry market size on the basis of revenue, market overview, genesis of the market, Neo Banking industry Cycle, overview of Neo Banking services/ Products, ecosystem of entities in the Indian Neo Banking industry, consumption expenditure and borrowing trends, value chain analysis of Neo Bankings, growth drivers, role of Government and challenges, major trends and developments, SWOT Analysis, Porter analysis, Investment analysis and segmentation in the industry, timeline of Neo Banking industry growth, Risk Involved and COVID impact to the industry. Total addressable market, serviceable addressable market and serviceable obtainable market has been covered in the report. Insights on competitive landscape of Neo Banking industry including company profile of major Neo Banking players operating in the ecosystem has been covered. Further the report also focuses on the Indian Neo Banking Market Segmentation by type of users, by region, by type of application, by age group of users. The report concludes with projections for the future of the industry including forecasted industry size by revenue by 2027, and analysts’ take on the future highlighting the major opportunities. Key Segments Covered in Indian Neo banking Industry:- Indian Neo banking Market By Type of Accounts Saving Business By Region of Operation North West South East By Type of Application Personal Enterprise Other By Age of Users Less than 20 Between 20-40 More than 40 Overview of India Neo banking Industry Cross Comparison of Indian Neo banking Industry Players Value Chain Analysis of Neo Banks Investment Analysis in Neo Banking companies Neo Banking Industry Analysis Key Target Audience Neo Banking Players Credit Based Neo Banks Payment Gateway Banks Banking Institutions Payment System Operators Associated or affiliated Banks with Neo Banks Regulatory Bodies for Neo banking Players FinTechs Various Card holder providers New Entrants in Neo banking Space Potential Neo banking Users Time Period Captured in the Report:- Historical Period: FY’2017-FY’2021 Forecast Period: FY’2022-FY’2027F Indian Neo banking Industry Players/Ecosystem Neo Banks InstantPay NiYO Freo EscrowPay Neobank Open Avail Finance RazorPayX Fi Money Jupiter FamPay Karbon Card OneBanc FloBiz ZikZuk Akudo Mahila Money Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjY2 Payment Gateways PayU Money CC Avenue Paytm Paypal Instamojo EBS Cashfree Key Topics Covered in the Report:- Overview and Genesis of Indian Neo Banking Market India Neo Banking Industry Cycle Overview of Neo Banking Services/ Products Consumption Expenditure and Borrowing Trends Socio-Demographic Outlook of India India Neo Banking Industry Introduction Ecosystem of Entities in the Indian Neo Banking Industry Value Chain Analysis of Neo Banking India Neo Banking Market Sizing on the basis of Revenue and Number of players in the Neo Banking Industry India Neo Banking Market Segmentation (By Type of Accounts, By Region of Operation, By Type Application and By Age Group of Users). Cross Comparison of Major Players in Neo Banking Industry Trends and Developments Growth Drivers of the Indian Neo Banking Industry Issues and Challenges in the Indian Neo-Banking Industry Role of Government and Regulations in the Indian Neo-Banking Industry Risk Involved and COVID Impact in Business Operations Porter’s five forces Analysis of the Indian Neo-Banking Industry SWOT Analysis of the Indian Neo-Banking Industry Investment Analysis of the Indian Neo Banking Industry Investment Timeline of the Indian Neo Banking Industry Investment Segmentation basis of type of Investment, Type of Investor Increase in number of Neo Banking start-ups Future Outlook and Projection for Market Sizing Future Outlook and Projection for Market Segmentation Computation of Addressable Market Growth of Digital Lending Company profile of major Neo Banks’s players operating in the ecosystem (Company Overview, About the Company, Revenue Model, Funding and Investors, Key Features, Fee Structure, Product Offered, Strengths, Recent Developments, Key Takeaways and Financials) Industry Speaks Research Methodology For More Information on the research report, refer to below link:- Indian Neo Banking Industry Related Reports:- India Buy Now Pay Later Market Outlook to 2026: Cascading Growth driven by one-click payment ease, unmatched expediency among lending solutions and free of cost deferment of payments, coupled with rising adoption by Merchant Payments due to increase in Customer Conversion and Sales Value Asia Neo Banking Market Outlook to 2025 – By Commercial and Personal Neo Banking; By Transactions at ATM and POS Terminals; by Total Cards in Circulation; Transaction Value and Volume through Issuers and Operators; and by Countries (Japan, South Korea, India, China, Indonesia, Philippines, Singapore and Others Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: Akudo Neo Banking Market Share, Avail Finance Neo Banking Market, Cashfree Payment Gateways Market Share, CC Avenue Payment Gateways Market Revenue, Covid-19 Impact India Neo Banking Industry, Covid-19 Impact India Neo Banking Market, East India Neo Banking Market, EBS Payment Gateways Market Revenue, EscrowPay Neobank Neo Banking Market Sales, FamPay Neo Banking Market Sales, Fi Money Neo Banking Market Sales, FloBiz Neo Banking Market Sales, Freo Neo Banking Market Sales, India Neo Banking Industry, India Neo Banking Industry Research Report, India Neo Banking Market, India Neo Banking Market Analysis, India Neo Banking Market Competition, India Neo Banking Market Demand USD Million, India Neo Banking Market Forecast, India Neo Banking Market Future Outlook, India Neo Banking Market Growth, India Neo Banking Market Major Players, India Neo Banking Market Research Report, India Neo Banking Market Revenue, India Neo Banking Market Sales, India Neo Banking Market Size, India Neo Banking Market Trends, Indian Neo Banking Industry, Indian Neo Banking Market, Industry Research Report of India Neo Banking, Instamojo Payment Gateways Market Share, InstantPay Neo Banking Market Revenue, Jupiter Neo Banking Market Revenue, Karbon Card Neo Banking Market Sales, Mahila Money Neo Banking Market Revenue, Market Research Report of India Neo Banking, Neo Banking Industry In India, Neo Banking Market In India, NiYO Neo Banking Market Sales, North India Neo Banking Market, OneBanc Neo Banking Market Revenue, Open Neo Banking Market Revenue, Paypal Payment Gateways Market Revenue, Paytm Payment Gateways Market Sales, PayU Money Payment Gateways Market Sales, RazorPayX Neo Banking Market Sales, South India Neo Banking Market, West India Neo Banking Market, ZikZuk Neo Banking Market Sales