Dagong Global Credit Rating has revealed a global ranking of neobanks.

Neobank – The prefix neo within the new time period «neobank» in Greek means «new» (from the Greek neos new), i.e. neobanks are upgraded and modernised banks, often modernised with fashionable functionality and types of communication and information switch together with fundamental parts like internet (websites, offices) and mobile financial institution (apps, messaging, telephone management).

The rating includes only full-fledged banks working beneath banking licenses and beneath full management of hyperregulators. Payment systems and organisations working underneath fee operators’ licences usually are not included in the ranking.