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

Neobank – The prefix neo in the new term “neobank” in Greek means “new” (from the Greek neos new), i.e. neobanks are upgraded and modernised banks, often modernised with trendy functionality and forms of communication and information transfer including primary elements like internet (websites, offices) and cellular bank (apps, messaging, telephone management).

The rating consists of only full-fledged banks working underneath banking licenses and under full management of hyperregulators. Payment systems and organisations working under cost operators’ licences aren’t included within the ranking.