12 neobanks operating in Spain and beyond
At the end of the third quarter, neobanks have already reached nine million customers in Spain, and the growth continues. Fully digital, unburdened by branch networks, and experimenting with various financial services, they appear attractive. However, they have not yet gained enough trust from the population to store significant funds in them. Neobank accounts are mainly used as reserves, for convenience and quick payment processing. In our review, we present neobanks from around the world that operate in Spain.