Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE THE UNITED STATES EDITION 2026

the United States’s
neobanks and digital banking industry,
in focus.

The companies, capital and talent shaping neobanks and digital banking in the United States. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Neobanks and Digital Banking Industry Landscape of the United States
US
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Neobanks and Digital Banking illustration
MEET THE COMPANIES

Explore the United States’s neobanks and digital banking leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Neobanks and Digital Banking company highlights in the United States, snapshot 30 August 2026
Company
Chimechime.com$3.15B1,604
Brexbrex.com$1.84B67
Affirmaffirm.com$1.77B2,171$1.11BFYFY2025 filing
DailyPaydailypay.com$1.45B845
Varovaromoney.com$1.12B816
Ripple$1.05B
Blackhawk Networkblackhawknetwork.com$1.03B1,558
Petalpetalcard.com$979.03M164
Anaplananaplan.com13 roles2,405$592.18MFYFY2022 filing
Pegasystemspega.com12 roles5,406$1.75BFYFY2025 filing
Credit One Bankcreditonebank.com11 roles718
Smarshsmarsh.com11 roles350
Banesco USAbanescousa.com10 roles242
DataVisordatavisor.com10 roles128
Equifaxequifax.com10 roles1,691$6.07BFYFY2025 filing
FICSfics.com9 roles60
Bancorpthebancorp.com757$141.15MFYFY2025 filing
BreadFinancialbreadfinancial.com7,500$577.2MFYFY2020 filing
Cash Appcash.app3,729
Clear Capitalclearcapital.com879
Davedave.com320$554.18MFYFY2025 filing
FICOfico.com4,003$1.99BFYFY2025 filing
Floatfloat.co11
ICE Mortgage Technologyicemortgagetechnology.com2,000Financial figure available in RadarView in Radar
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Startup discovery

Recorded classifications only
THE KEY SIGNALS

Neobanks and Digital Banking industry KPIs in the United States

A few useful ratios bring the size of this ecosystem into perspective.

30 August 2026
Hiring participation7.3%

181 of 2,479 tracked companies have open roles.

Funding participation28.1%

696 of 2,479 tracked companies have a recorded round.

Top 3 funding share16.0%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$6M

Midpoint of 1,335 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 16.0% of disclosed capital, while 71.9% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How the United States neobanks and digital banking has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

the United States neobanks and digital banking
$0$2.79B$5.58B$8.37B$11.16B2016: $1.54B20162017: $1.41B20172018: $2.29B20182019: $4.84B20192020: $4.88B20202021: $9.79B20212022: $4.39B20222023: $2.25B20232024: $2.15B20242025: $3.79B2025
View the numbers
Annual neobanks and digital banking funding and company formation in the United States
YearFunding (USD)FoundedRaising
2016$1.54B12184
2017$1.41B105100
2018$2.29B12994
2019$4.84B160110
2020$4.88B194139
2021$9.79B162169
2022$4.39B122136
2023$2.25B156107
2024$2.15B17288
2025$3.79B9278
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Chime7.4%
  • Brex4.3%
  • Affirm4.2%
  • Other companies84.0%

Funding by stage

1,575 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel593 37.7%
Series A–B564 35.8%
Series C+ / PE196 12.4%
Grants, debt & other222 14.1%

Recent recorded rounds

Latest recorded rounds · USD
8 rounds

Swipe or scroll horizontally to browse.

Conventional Debt05/2026
Ripple $200M

Backed by Neuberger Berman Specialty Finance.

Series D05/2026
Mercury $200M

Backed by TCV and Andreessen Horowitz and others.

Series C05/2026
Augustus $40M

Backed by Valar Ventures and Creandum.

Seed05/2026
InstaSwitch $4.7M

Backed by Chicago Ventures and 8-Bit Capital and others.

Series C04/2026
Slash $100M

Backed by Ribbit Capital and Khosla Ventures and others.

Series B04/2026
EquipiFi $34M

Backed by Left Lane and Curql and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series F08/2021
Chimechime.com$1.1B

Backed by Sequoia Capital and SoftBank Vision Fund and others.

Series E12/2019
Chimechime.com$700M

Backed by DST Global and Menlo Ventures and others.

Series E09/2020
Chimechime.com$533.83M

Backed by Coatue and Tiger Global Management and others.

Series D11/2025
Ripple$500M

Backed by Fortress and Citadel Securities and others.

Series D04/2021
Brexbrex.com$425M

Backed by Tiger Global Management and TCV and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

Expand panel +
USD · millions · consolidated

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 14 reporting entities from 30 eligible matches.

Revenue in covered accounts$16,134.5m

Sum of reporting-entity revenue; not the United States market sales.

Net profit / loss$1,433.5m

Combined result for the same cohort.

Aggregate net margin+8.9%

Combined net income ÷ combined revenue.

Median company revenue$347.7m

The middle covered reporting entity.

Profitable entities+57.1%

8 of 14 covered entities.

Top-five concentration+86.7%

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 14 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

14 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
THE UNITED STATES · INDUSTRY COHORTS

How does neobanks and digital banking compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the the United States companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

73 of the 2,479 companies on this page carry a measured traffic record (2.9%); these are the largest of those, by monthly visits. The median among them is 583,590 visits.

CompanyMonthly visitsAuthorityMobile
Tremendoustremendous.com65,064,4564798.1%
Cash Appcash.app50,380,1886992.2%
Chimechime.com41,349,3286296.2%
Affirmaffirm.com28,509,3296685.3%
Discoverdiscover.com24,878,3107449.9%
Supersuper.com23,418,0264992.3%
Credit One Bankcreditonebank.com17,147,4126186.1%
OnePayonepay.com11,916,7164496%
Equifaxequifax.com11,525,3616974.5%
Maybank New Yorkmaybank2u.com.my10,346,7636651.8%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

328 of these companies (13.2%) publish at least one Android app — 446 apps in all, carrying 530.3M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2024Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Payments186323.9MCash App 140.3M
Digital Remittance4212.9MVenmo 72.6M
Banking Tech253198.1Mnext: Conta Digital e Cartão 42.1M
Investment Tech4296MStash: Investing made easy 13.3M
Alternative Lending5534.3MAffirm: Buy now, pay over time 17.3M
Finance & Accounting Tech408.5MDailyPay On-Demand Pay 4.1M
Hrtech387MPayactiv 1.3M
Online Travel183.1MSuper.com - Save, Earn, Travel 2.2M

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 132023Q2: 22023Q22023Q3: 132023Q3: 32023Q32023Q4: 62023Q4: 72023Q42024Q1: 62024Q1: 22024Q12024Q2: 182024Q2: 32024Q22024Q3: 172024Q3: 92024Q32024Q4: 132024Q4: 172024Q42025Q1: 122025Q1: 252025Q12025Q2: 132025Q2: 72025Q22025Q3: 142025Q3: 462025Q32025Q4: 32025Q4: 322025Q42026Q1: 142026Q1: 582026Q1

Darker bars are new releases, lighter bars apps updated. 435 of 446 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The the United States neobanks and digital banking market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Fintech2,445
Enterprise tech1,651
Consumer digital1,251
Saas1,075
Enterprise software1,019
Fintech saas1,010
Justice tech287
Insurtech185
Insurtech saas173
Embedded finance148
Crm for enterprises145
Cfo stack115

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Fintech

The largest measured segment in this report snapshot.

2445companies
7.4%have hiring activity

180 companies hiring · $42.29B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription1,637
Commission on transaction1,248
Fee-for-service574
E-commerce - service352
Lending226
Advertising87
E-commerce - product46
Licensing31
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundsauthid.ai ↗

authID is looking to raise $4 million less expenses in bridge loan financing for “working capital and general corporate purposes.”

Mergers & acquisitionstrepp.com ↗

Fitch Group, a global leader in financial information services, announced it has entered into a definitive agreement to acquire Trepp, a premier provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking sectors.

Mergers & acquisitionssynctera.com ↗

Synctera has acquired Cable, a financial automated control testing software specialist, in a tech M&A deal.

Mergers & acquisitionshypercard.com ↗

American Express announced that it has entered into an agreement to acquire Hypercard (Hyper), an agentic expense management company, adding to Amex’s AI expertise and capabilities across its commercial services business.

Mergers & acquisitionssecuresave.com ↗

The companies confirmed they have entered into a definitive agreement under which the American-Canadian waste management company will purchase all issued and outstanding common shares of Secure.

Mergers & acquisitionsthesummitgrp.com ↗

Private equity firm STG has acquired Carrier Logistics Inc. (CLI), a long‑established provider of transportation management software for less‑than‑truckload carriers, with plans to accelerate development of AI‑driven tools for terminal‑based operations.

Mergers & acquisitionsbrex.com ↗

Completion of Brex buyout strengthens Capital One’s digital payments and AI‑driven business‑payments strategy

Mergers & acquisitionsspendhq.com ↗

SpendHQ acquires majority stake in Sligo AI

Full recorded event mix

Top 10 categories among 1,302 recorded events in the 24-month window.

Leadership moves
281
Earnings
267
Funding rounds
202
New products
159
Mergers & acquisitions
153
Contracts
61
Company announcements
46
Lawsuit
33
Capital infusions
29
Buyback
16
7 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

91 tracked people moves

Sedgwick ↗
Suzanne Dann

Appointment Group President

David Murphy

Appointment Chairman of the Board

Equifax ↗
Navin Chandani

Appointment President of Equifax India & Emerging Markets

Mojaloop ↗
Paula Hunter

Retirement Previously Executive Director

Mojaloop ↗
Jean Bosco Iyacu

Appointment Chief Executive Officer

Mojaloop ↗
Jean Bosco Lyacu

Appointment Chief Executive Officer

Elevate ↗
Willie DiBlasi

Appointment Chief Operating Officer

Scott Thacker

Appointment Advisory Board Member

Product launches

Products, platforms and features in the recorded window

Tyfone ↗
Mitek Systems’ Check Fraud Defender

Check Fraud Protection

Customer IQ

Customer Intelligence

Float ↗
Float Intelligence

AI automation layer

Float ↗
Transaction coding agent

AI transaction coding

Kyber ↗
Kyber

Claims correspondence automation platform

Odessa ↗
new product capabilities

Auto-finance software platform

Odessa ↗
new set of digital tools

Auto-finance software platform

Smarsh ↗
Salesforce Agentforce

AI platform

Contract wins

45 recorded customer wins

Naehas ↗

Customer: top-ten U.S. credit unionFinancial services

Naehas ↗

Customer: leading UK-headquartered bankFinancial services

Apiture ↗

Customer: wayne county bankFinancial Services

Scienaptic ↗

Customer: members heritage credit unionBanking, Financial

Customer: granite state credit unionFinancial Services

Tyfone ↗

Customer: o bee credit unionFinTech

Workforce actions

12 companies with reported reductions

Nexos ↗

Scale not stated rolesreduction in workload

Keeta ↗

200 rolesoperational challenges

Varo ↗

10.0% rolesbusiness downturn

Jenius Bank ↗

173 rolesmarket performance

Bambu ↗

141 rolesfunding shortage

Novo ↗

5,000 rolesrising competition

Regulatory events

12 recorded events

Keeta ↗

agreement to revise specific terms in restaurant agreementsHong Kong’s Competition Commission

Keeta ↗

Hong Kong’s Competition Commission

Novo ↗

approved for weight loss

Keeta ↗

investment license grantedKuwait Direct Investment Promotion Authority (KDIPA)

Litigation

32 tracked suits

Company
Hayden Artificial AI Technologies Inc. v seon, safe fleet

trade secrets and copyright infringementCivil · Ongoing

Company
keeta v 99Food

ban clauses imposed by 99FoodCivil · Filed

Earnings pulse

Reported company results in the recorded window.

34companies
300period observations
15.2%median reported growth

Median across 149 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
fitch groupTrepp ↗Announced2026-04-30Not stated in snapshot
denaKnot ↗Announced2026-04-28Not stated in snapshot
FixatedElevate ↗Announced2026-04-21Not stated in snapshot
capital oneBrex ↗Completed2026-04-21$5.1B
STGcarrier logisticsAnnounced2026-04-20Not stated in snapshot
Syncteracable2026-04-18Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

11,386 postings in the preceding 12 months. The full 15,414-posting snapshot covers 354 employers.

Expand panel +

Most advertised job titles

General Manager127
Shift Manager101
Airport Ramp Agent86
Mortgage Loan Originator84
Sign Language Interpreter Community79
Special Education Teacher 2026 2027 School Year74
3 internship postings

710 tracked postings mention remote work.

The seniority mix

5,170 postings specify a level.

unspecified
10,244
manager
3,010
senior
1,369
lead
522
intern
160
entry
109

Skills employers mention

Top skills across 15,414 tracked postings in the available jobs snapshot.

Python
216
Sql
200
Excel
163
Aws
127
Microsoft Office
108
Salesforce
98
Typescript
96
Java
77
React
77
Word
68
ADVERTISED PAY$81.6K/ year

Median across 1,864 postings with pay data, expressed in USD.

Salary by seniority

manager$110.9K/ year426 postings
senior$115.0K/ year172 postings
lead$120.1K/ year69 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

1,386 founders and chief executives across 991 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

268 profiles with education records.

Stanford University
40
Harvard University
34
Harvard Business School
22
University of California (Berkeley)
21
Massachusetts Institute of Technology
16
Columbia University
15
University of Pennsylvania
15
Cornell University
14

Prior employers

78 profiles with prior-work records.

Google
14
Microsoft
13
Goldman Sachs
11
Paypal
8
Amazon
7
Facebook
7
Boston Consulting Group
6
McKinsey
6

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

919,834 articles in the measured 12-month window.

Expand panel +
919,834articles in the measured year
239,785articles in 2026Q1
64.2%positive tone in the latest complete year

News volume trends

Neobanks and Digital Banking coverage across United States · articles per complete quarter

093,154186,307279,461372,6152021Q2: 123,2602021Q22021Q3: 137,6042021Q4: 120,6752022Q1: 165,3672022Q2: 166,1142022Q22022Q3: 148,6632022Q4: 162,1082023Q1: 178,3212023Q2: 177,8702023Q22023Q3: 171,7922023Q4: 168,5782024Q1: 194,1322024Q2: 170,2412024Q22024Q3: 201,2472024Q4: 218,3222025Q1: 324,0132025Q2: 237,0172025Q22025Q3: 228,7332025Q4: 188,8262026Q1: 239,7852026Q1
View quarterly article counts
QuarterArticles
2021Q2123,260
2021Q3137,604
2021Q4120,675
2022Q1165,367
2022Q2166,114
2022Q3148,663
2022Q4162,108
2023Q1178,321
2023Q2177,870
2023Q3171,792
2023Q4168,578
2024Q1194,132
2024Q2170,241
2024Q3201,247
2024Q4218,322
2025Q1324,013
2025Q2237,017
2025Q3228,733
2025Q4188,826
2026Q1239,785

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
276,432 positive · 5,602 neutral · 130,665 negative
2022
392,631 positive · 8,732 neutral · 239,853 negative
2023
426,590 positive · 10,401 neutral · 258,477 negative
2024
511,106 positive · 12,175 neutral · 259,603 negative
2025
627,785 positive · 16,102 neutral · 333,263 negative

Leading coverage topics

Neobanks and Digital Banking coverage across United States · ranked by full-period article count.

Cryptocurrency Impact On Forex Markets256,685 articles in the full recorded period
81,231 recent · 57,779 prior
Economic Indicators (Gdp, Cpi, Unemployment)85,368 articles in the full recorded period
23,344 recent · 21,792 prior
Trade Wars And Geopolitical Impacts83,564 articles in the full recorded period
27,512 recent · 23,590 prior
Interest Rate Decisions And Impacts72,480 articles in the full recorded period
18,840 recent · 16,113 prior
Central Bank Monetary Policy Announcements65,419 articles in the full recorded period
15,959 recent · 14,566 prior
Federal Reserve Policy Meeting Summaries64,366 articles in the full recorded period
16,609 recent · 14,246 prior
Global Recession Risks And Forecasts63,436 articles in the full recorded period
20,317 recent · 18,051 prior
Regulatory Compliance In Foreign Exchange Trading50,230 articles in the full recorded period
15,481 recent · 8,370 prior
Foreign Exchange (Forex) Rate Fluctuations49,040 articles in the full recorded period
15,924 recent · 11,344 prior
Quarterly And Annual Financial Results48,582 articles in the full recorded period
14,823 recent · 11,621 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Neobanks and Digital Banking coverage across United States

KeywordRecentPriorChange
stablecoin fx impact13,4346,005124%
stock price9,6914,500115%
etf trading8,2473,359146%
investment deal7,3751,414422%
etfs7,1692,969141%
decentralized forex6,9863,54997%
sector etfs6,8642,864140%
etf structures6,4212,622145%
etf products6,3392,481156%
share price5,7112,242155%
flood stage forecasting11910,236-99%
hydrologic risk modeling2610,145-100%
coastal flooding study1214,687-97%
flood control measures863,644-98%
severe weather warning3403,275-90%

Event and signal lenses

Neobanks and Digital Banking coverage across United States

All complete annual cohorts shown
Rising

Regulatory Risk

1,276,365 classified articles

economic slowdown, stock performance, currency intervention policies

49.0% critical · 33.8% positive
Rising

Funding Momentum

268,477 classified articles

inflation reports fx, currency intervention policies, trade deficits fx

37.5% critical · 48.9% positive
Rising

Growth

402,987 classified articles

gdp growth forex, inflation reports fx, trade deficits fx

43.1% critical · 39.1% positive

Neobanks and Digital Banking coverage across United States. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Neobanks and Digital Banking research is working on

907 papers in the recorded india scope.

Expand panel +
907papers
13,825worldwide comparison pool
907India-affiliated papers

Research orientation

Promising
328
Problem-identifying
180
Descriptive
177
Breakthrough
97
Cautionary
88
Comparative
24
Critical
13

Contribution mix

Empirical
377
Reviews
209
Methods-led
156
Position pieces
151
Theoretical
14

Tone counts: 834 positive · 6 neutral · 67 negative.

Common problems researchers identify
193 papers · 21.3% of this field
  • Financial services116 papers
  • FinTech75 papers
  • Financial inclusion37 papers
  • Payment21 papers
  • Data breach12 papers
  • Retail banking11 papers
  • Cryptocurrency10 papers
  • Investment10 papers

Landmark: Fintech and Financial Services : Initial Considerations

Cautions
88 papers · 9.7% of this field
  • Financial services51 papers
  • Financial inclusion22 papers
  • FinTech22 papers
  • Big data12 papers
  • Transformative learning12 papers
  • Payment11 papers
  • Corporate governance11 papers
  • Financial market10 papers

Landmark: The FinTech Opportunity

Opportunities
425 papers · 46.9% of this field
  • Financial services217 papers
  • FinTech120 papers
  • Financial inclusion82 papers
  • Payment58 papers
  • Database transaction46 papers
  • Transformative learning44 papers
  • Financial literacy34 papers
  • Transparency30 papers

Landmark: Fintech Adoption Drivers for Innovation for SMEs in Indonesia

Leading institutions

Columbia University
667
National Bureau of Economic Research
654
Cornell University
653
New York University
643
California University of Pennsylvania
623
International Monetary Fund
307

Leading researchers

Itay Goldstein
621
Wei Jiang
621
George Andrew Karolyi
621
Thomas Philippon
433
Andrei Kirilenko
214
Andrew W. Lo
214
Vikram Haksar
207
Dong He
198

Highly cited breakthrough-labelled papers

  • E.T.-RNN87 citations
  • Evolutionary Approaches and the Construction of Technology-Driven Regulations79 citations
  • Eagle Strategy Arithmetic Optimisation Algorithm with Optimal Deep Convolutional Forest Based FinTech Application for Hyper-automation32 citations
  • FinTech and consumers: a systematic review and integrative framework28 citations
  • Blockchain technology and real-time auditing: Transforming financial transparency and fraud detection in the Fintech industry12 citations

Common problems researchers identify

150 papers · 4 recurring themes
4 cards

Swipe or scroll horizontally to browse.

Regulatory and Systemic ChallengesCommon problems researchers identify · 01

Regulatory and Systemic Challenges

55 papers

36.7% of this theme group

Researchers highlight how regulation and system design hinder fintech-driven financial services and inclusion.

FinTech (41) · Financial services (40) · Financial regulation (7) · Financial system (4)

FINANCIAL INCLUSION THROUGH TECHNOLOGY: A REVIEW OF TRENDS IN EMERGING MARKETS

Enhancing public sector financial operations and inclusion through innovative Fintech solutions

View research history
YearShare index
2022245.3
2023251.7
2024240.7
2025249.6
Inclusion Gaps in Retail BankingCommon problems researchers identify · 02

Inclusion Gaps in Retail Banking

42 papers

28.0% of this theme group

Papers point to persistent barriers preventing broad access to digital financial services for underserved groups.

Financial inclusion (16) · Financial services (29) · Retail banking (5) · Payment (7)

Leveraging Financial Inclusion Through Technology-Enabled Services Innovation

Digital Finance, Financial Inclusion and Gender Equality: Strategies for Economic Empowerment of Women

View research history
YearShare index
2022883.7
2023861.1
2024968.4
20251054.2
Security and Fraud RisksCommon problems researchers identify · 03

Security and Fraud Risks

33 papers

22.0% of this theme group

Studies focus on vulnerabilities, data breaches, and fraud detection challenges in crypto and mobile payment ecosystems.

Cryptocurrency (6) · Resilience (5) · Data breach (5) · Financial transaction (4)

Machine Learning Approaches for Fraud Detection and Risk Assessment in Mobile Banking Applications and Fintech Solutions

Combating Illicit Finance in Digital Payment Services: The Role of Data Analytics and Technology in Preventing Payment Fraud and Scams

View research history
YearShare index
2022187.0
2023177.3
2024122.5
2025199.7
Risk Management IntegrationCommon problems researchers identify · 04

Risk Management Integration

20 papers

13.3% of this theme group

Research examines difficulties embedding advanced risk analytics and credit scoring within traditional and fintech institutions.

Financial services (16) · Leverage (3) · Risk management (2) · Financial risk (2)

Integrating Risk Management in Fintech and Traditional Financial Institutions through AI and Machine Learning

AI-Powered Credit Scoring: Scalable Big Data Architectures and Explainable Decision Intelligence for the Financial Sector

View research history
YearShare index
202277.9
202384.4
202479.2
2025150.7

Cautions

67 papers · 3 recurring themes
3 cards

Swipe or scroll horizontally to browse.

Crypto‑Driven Inclusion RisksCautions · 01

Crypto‑Driven Inclusion Risks

24 papers

35.8% of this theme group

Authors caution that cryptocurrency and peer‑to‑peer lending may introduce new stability and inclusion concerns.

Cryptocurrency (5) · Mobile payment (4) · Financial inclusion (8) · Financial services (12)

Interdependence between online peer‐to‐peer lending and cryptocurrency markets and its effects on financial inclusion

Cryptography in Financial Markets: Potential Channels for Future Financial Stability

View research history
YearShare index
2022246.2
2023238.0
2024179.0
2025318.8
Systemic Risk from Big DataCautions · 02

Systemic Risk from Big Data

23 papers

34.3% of this theme group

Works warn that extensive data use in fintech could amplify systemic vulnerabilities and complicate sustainable finance goals.

FinTech (14) · Financial services (13) · Systemic risk (4) · Big data (5)

FinTech and Sustainable Finance: How is FinTech Shaping the Future of Sustainable Finance?

The Complex Implications of Fintech for Financial Inclusion

View research history
YearShare index
2022182.3
2023175.6
2024135.0
2025240.2
Bias and Transparency IssuesCautions · 03

Bias and Transparency Issues

18 papers

26.9% of this theme group

Researchers stress the need for responsible AI, addressing bias and opacity in financial service innovations.

Financial services (13) · Transformative learning (5) · FinTech (8) · Transparency (4)

Artificial Intelligence, Machine Learning, and Bias In Finance: Toward Responsible Innovation

Unleashing the Power of AI in Financial Services: Opportunities, Challenges, and Implications

View research history
YearShare index
202271.3
202398.3
2024120.6
2025241.2

A further 2 papers sit in smaller themes.

Opportunities

314 papers · 6 recurring themes
6 cards

Swipe or scroll horizontally to browse.

Expanding Inclusion via Mobile FinanceOpportunities · 01

Expanding Inclusion via Mobile Finance

82 papers

26.1% of this theme group

Studies explore how mobile payments and fintech tools can reach unbanked populations and improve financial literacy.

Financial inclusion (52) · Mobile payment (16) · Financial literacy (21) · Financial services (44)

Advancing financial inclusion through fintech: Solutions for unbanked and underbanked populations

The Role of Financial Technology (FinTech) in Advancing Financial Inclusion and Equity.

View research history
YearShare index
2022115.8
2023142.0
2024128.5
2025265.9
Fintech‑Driven Service InnovationOpportunities · 02

Fintech‑Driven Service Innovation

60 papers

19.1% of this theme group

Papers discuss emerging technologies reshaping payments, digital transformation, and new financial product development.

FinTech (40) · Financial innovation (9) · Financial services (26) · Payment (12)

FinTech and Financial Innovation: Drivers and Depth

Digital Transformation in Financial Services and FinTech: Trends, Innovations and Emerging Technologies

View research history
YearShare index
2022878.2
2023857.4
2024965.4
20251051.1
AI for Sustainable Financial ServicesOpportunities · 03

AI for Sustainable Financial Services

56 papers

17.8% of this theme group

Research highlights AI and machine learning as catalysts for greener, more resilient financial technology solutions.

Financial services (35) · Transformative learning (13) · Financial market (7) · Systemic risk (4)

Empowering Financial Services: The Transformative Impact of AI on FinTech Innovation

Leveraging Artificial Intelligence and Machine Learning for Sustainable Financial Technologies: Innovations, Challenges, and Future Prospect

View research history
YearShare index
202259.0
202382.2
2024256.7
2025191.7
Predictive Analytics and ScalabilityOpportunities · 04

Predictive Analytics and Scalability

56 papers

17.8% of this theme group

Works focus on leveraging analytics and cloud‑based deep learning to scale risk evaluation and market forecasting.

Financial services (31) · Analytics (11) · Scalability (9) · Leverage (7)

Transforming financial services through predictive analytics and banking systems integration

Deep Learning Architectures Deployed on Cloud Platforms for Dynamic Financial Risk Evaluation and Market Prediction

View research history
YearShare index
2022133.6
2023142.7
202489.7
2025192.5
Blockchain for TransparencyOpportunities · 05

Blockchain for Transparency

30 papers

9.6% of this theme group

Studies examine blockchain’s potential to enhance auditability, fraud detection, and cross‑border financial operations.

Blockchain (11) · Cryptocurrency (10) · Digital currency (8) · Currency (6)

Blockchain technology and real-time auditing: Transforming financial transparency and fraud detection in the Fintech industry

Blockchain Technology for Financial Services & Globalization

View research history
YearShare index
2022905.6
2023967.4
2024915.8
20251033.4
Deep Learning in Fraud PreventionOpportunities · 06

Deep Learning in Fraud Prevention

30 papers

9.6% of this theme group

Research investigates deep‑learning models for detecting credit card fraud and improving transaction security.

Credit risk (10) · Credit card fraud (5) · Database transaction (9) · Credit card (5)

Deep Learning in Financial Fraud Detection: Innovations, Challenges, and Applications

Application of Deep Learning in Financial Credit Card Fraud Detection

View research history
YearShare index
2022207.4
2023187.5
2024108.0
2025205.7

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Promising36.2%37.6%
Problem-identifying19.8%9.5%
Descriptive19.5%17.8%
Breakthrough10.7%26.1%
Cautionary9.7%4.3%
Comparative2.6%3.9%
Critical1.4%0.9%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceSecurity and Privacy in FinTech121.75%7 (58.3%)0.91%
Bias & fairnessDigital Finance, Financial Inclusion and Gender Equality: Strategies for Economic Empowerment of Women30.44%2 (66.7%)0.1%
Concentration of compute powerModerating effect of fintech adoption on market power and bank stability Nexus: Indian evidence30.44%0 (0.0%)0.26%
Energy & datacenter footprintAccelerating agricultural green development in ASEAN: The power of digital inclusive finance20.29%0 (0.0%)0.23%
Carbon & emissions of computeRethinking portfolio design with sustainable AI and FinTech: dynamic spillovers in a quantile–frequency framework10.15%0 (0.0%)0.01%
Labour & data workEnsuring financial inclusion through platform design: Technical frameworks for inclusive growth in the digital labor eco10.15%0 (0.0%)0.04%
Safety & misuseBridging Misinformation Gaps: A Framework for Enhancing Trust and Financial Literacy in Microinsurance Adoption among Sm10.15%0 (0.0%)0.08%
Water use00.0%0 (%)0.0%
Hardware, e-waste & supply chain00.0%0 (%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: United States. This may be broader than the company geography.

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — the United States

Compare demand signals in the United States’s newsflow with the neobanks and digital banking categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-07-01 to 2026-07-01Against 2024-07-01 to 2025-07-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

8 the United States demand signals compared with mapped neobanks and digital banking supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Financial inclusion ↗Demand Driver14.30.0+14.3+43.3%
Layoffs & income shocks ↗Spending Pressure85.775.0+10.7+57.7%
Fraud, scams & consumer trust ↗Trust Friction71.475.0-3.6+92.6%
Interest rates & policy ↗Macro Pressure50.0No matching category+30.1%
Market volatility ↗Macro Pressure57.1No matching category+53.2%
Crypto & digital assets ↗Adoption Shift42.9No matching category+35.5%
Lending & credit access ↗Demand Driver35.7No matching category+51.2%
Data & privacy regulation ↗Compliance Pressure42.9No matching category+55.4%

Showing all 8 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 12 city readings for these demand families in the comparison geography. the United States is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage.

Utah163.8

Crypto & digital assets · Market volatility · Interest rates & policy

Oklahoma145.9

Crypto & digital assets · Layoffs & income shocks · Market volatility

Tennessee125.0

Interest rates & policy · Layoffs & income shocks · Market volatility

Connecticut78.6

Layoffs & income shocks · Crypto & digital assets · Fraud, scams & consumer trust

Oregon76.8

Layoffs & income shocks · Interest rates & policy · Fraud, scams & consumer trust

Arizona74.6

Layoffs & income shocks · Interest rates & policy · Market volatility

Arkansas72.8

Layoffs & income shocks · Lending & credit access · Interest rates & policy

Iowa60.4

Layoffs & income shocks · Fraud, scams & consumer trust · Interest rates & policy

Kentucky58.6

Layoffs & income shocks · Lending & credit access · Financial inclusion

Delaware56.9

Crypto & digital assets · Layoffs & income shocks · Fraud, scams & consumer trust

Louisiana56.1

Interest rates & policy · Layoffs & income shocks · Crypto & digital assets

Kansas54.5

Layoffs & income shocks · Lending & credit access · Interest rates & policy

Inside the leading signals

Open any signal for its quarterly history
DEMAND DRIVERFinancial inclusion+14.3percentile-point gap
THE OPERATING HYPOTHESIS

Inclusion pushes can pull low-cost payment and credit rails toward new users.

0.54mentions per 10,000 articles+43.3%share change vs prior year

Mapped neobanks and digital banking categories

  • Embedded Finance148

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

000112024Q3: 02024Q32024Q4: 02024Q42025Q1: 02025Q12025Q2: 02025Q22025Q3: 02025Q32025Q4: 02025Q42026Q1: 02026Q12026Q2: 02026Q2
View quarterly signal counts
Financial inclusion in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q3700.41
2024Q4640.36
2025Q11050.42
2025Q2440.28
2025Q3970.36
2025Q4750.62
2026Q11120.78
2026Q2450.58

Where this signal concentrates in the comparison geography

Kentucky7.9 / 10,000
Oregon4.7 / 10,000
SPENDING PRESSURELayoffs & income shocks+10.7percentile-point gap
THE OPERATING HYPOTHESIS

Layoff cycles can pull discretionary spend back toward value offerings.

24.69mentions per 10,000 articles+57.7%share change vs prior year

Mapped neobanks and digital banking categories

  • Insurtech185
  • Insurtech Saas173

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

091827362024Q3: 152024Q32024Q4: 142024Q42025Q1: 132025Q12025Q2: 192025Q22025Q3: 242025Q32025Q4: 312025Q42026Q1: 192026Q12026Q2: 242026Q2
View quarterly signal counts
Layoffs & income shocks in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q3269215.79
2024Q4265714.98
2025Q1345713.81
2025Q2305519.17
2025Q3668724.54
2025Q4376131.16
2026Q1284319.69
2026Q2188524.49

Where this signal concentrates in the comparison geography

Tennessee44.9 / 10,000
Arkansas41.1 / 10,000
Iowa26.8 / 10,000
TRUST FRICTIONFraud, scams & consumer trust-3.6percentile-point gap
THE OPERATING HYPOTHESIS

Trust friction can reward whoever fixes service, complaints and fraud handling.

6.39mentions per 10,000 articles+92.6%share change vs prior year

Mapped neobanks and digital banking categories

  • Insurtech185
  • Insurtech Saas173

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

03710142024Q3: 42024Q32024Q4: 32024Q42025Q1: 22025Q12025Q2: 32025Q22025Q3: 32025Q32025Q4: 52025Q42026Q1: 122026Q12026Q2: 62026Q2
View quarterly signal counts
Fraud, scams & consumer trust in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q37004.11
2024Q45753.24
2025Q16742.69
2025Q25663.55
2025Q310583.88
2025Q46365.27
2026Q1174012.05
2026Q24966.44

Where this signal concentrates in the comparison geography

Connecticut15.8 / 10,000
Maryland12.9 / 10,000
Iowa10.8 / 10,000
MACRO PRESSUREInterest rates & policysupply not mapped
THE OPERATING HYPOTHESIS

Rate moves can reprice every loan book — lending and deposit products feel it first.

27.89mentions per 10,000 articles+30.1%share change vs prior year

Mapped neobanks and digital banking categories

This signal has no matching category in the page’s neobanks and digital banking market map, so no supply percentile or gap is assigned.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

0132639522024Q3: 252024Q32024Q4: 212024Q42025Q1: 142025Q12025Q2: 282025Q22025Q3: 202025Q32025Q4: 442025Q42026Q1: 242026Q12026Q2: 322026Q2
View quarterly signal counts
Interest rates & policy in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q3428025.11
2024Q4385821.76
2025Q1354914.18
2025Q2454728.53
2025Q3571220.96
2025Q4542444.94
2026Q1347424.07
2026Q2253232.89

Where this signal concentrates in the comparison geography

Tennessee47.4 / 10,000
Louisiana20.9 / 10,000
Arizona18.9 / 10,000
MACRO PRESSUREMarket volatilitysupply not mapped
THE OPERATING HYPOTHESIS

Volatility can drive trading, hedging and advice-seeking in the same week it spikes.

12.7mentions per 10,000 articles+53.2%share change vs prior year

Mapped neobanks and digital banking categories

This signal has no matching category in the page’s neobanks and digital banking market map, so no supply percentile or gap is assigned.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

061319252024Q3: 52024Q32024Q4: 52024Q42025Q1: 72025Q12025Q2: 152025Q22025Q3: 62025Q32025Q4: 172025Q42026Q1: 162026Q12026Q2: 212026Q2
View quarterly signal counts
Market volatility in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q39775.73
2024Q410255.78
2025Q118767.5
2025Q2240115.06
2025Q316846.18
2025Q4207617.2
2026Q1235416.31
2026Q2169121.97

Where this signal concentrates in the comparison geography

Utah24.6 / 10,000
Tennessee16.2 / 10,000
Oklahoma11.2 / 10,000
ADOPTION SHIFTCrypto & digital assetssupply not mapped
THE OPERATING HYPOTHESIS

Crypto cycles can pull exchange, wallet and compliance demand in waves.

14.38mentions per 10,000 articles+35.5%share change vs prior year

Mapped neobanks and digital banking categories

This signal has no matching category in the page’s neobanks and digital banking market map, so no supply percentile or gap is assigned.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

091827362024Q3: 62024Q32024Q4: 102024Q42025Q1: 82025Q12025Q2: 172025Q22025Q3: 72025Q32025Q4: 302025Q42026Q1: 132026Q12026Q2: 122026Q2
View quarterly signal counts
Crypto & digital assets in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q311556.78
2024Q4187210.56
2025Q122328.92
2025Q2277817.43
2025Q321397.85
2025Q4372730.88
2026Q1197413.67
2026Q299512.93

Where this signal concentrates in the comparison geography

Utah105.9 / 10,000
Oklahoma98.3 / 10,000
Delaware23.5 / 10,000
DEMAND DRIVERLending & credit accesssupply not mapped
THE OPERATING HYPOTHESIS

Credit demand can pull origination, underwriting and collections capacity with it.

4.75mentions per 10,000 articles+51.2%share change vs prior year

Mapped neobanks and digital banking categories

This signal has no matching category in the page’s neobanks and digital banking market map, so no supply percentile or gap is assigned.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

023562024Q3: 32024Q32024Q4: 22024Q42025Q1: 22025Q12025Q2: 42025Q22025Q3: 42025Q32025Q4: 52025Q42026Q1: 52026Q12026Q2: 52026Q2
View quarterly signal counts
Lending & credit access in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q35463.2
2024Q44912.77
2025Q16842.73
2025Q26604.14
2025Q311474.21
2025Q46415.31
2026Q17455.16
2026Q23885.04

Where this signal concentrates in the comparison geography

Wisconsin16.6 / 10,000
Kansas13.8 / 10,000
South Carolina10.0 / 10,000
COMPLIANCE PRESSUREData & privacy regulationsupply not mapped
THE OPERATING HYPOTHESIS

Privacy rules can land as engineering requirements — consent, data handling and audit tooling follow.

2.89mentions per 10,000 articles+55.4%share change vs prior year

Mapped neobanks and digital banking categories

This signal has no matching category in the page’s neobanks and digital banking market map, so no supply percentile or gap is assigned.

Quarterly share of the United States coverage

Mentions per 10,000 articles · zero baseline

012342024Q3: 12024Q32024Q4: 12024Q42025Q1: 22025Q12025Q2: 12025Q22025Q3: 22025Q32025Q4: 32025Q42026Q1: 32026Q12026Q2: 22026Q2
View quarterly signal counts
Data & privacy regulation in the United States coverage
QuarterMentionsPer 10,000 articles
2024Q32691.58
2024Q42141.21
2025Q16192.47
2025Q23071.93
2025Q36142.25
2025Q44163.45
2026Q15273.65
2026Q22202.86

Where this signal concentrates in the comparison geography

Oregon6.2 / 10,000
Arizona4.5 / 10,000
Iowa4.1 / 10,000
RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

the United States neobanks and digital banking coverage

Expand panel +
RESEARCH CONTEXT · 2017

Advertising, consumer awareness, and choice: evidence from the U.S. banking industry

The RAND Journal of Economics

167 citations in the snapshot

RESEARCH CONTEXT · 2021

The convergence of racial and income disparities in health insurance coverage in the United States

International Journal for Equity in Health

125 citations in the snapshot

RESEARCH CONTEXT · 2022

Health insurance status and cancer stage at diagnosis and survival in the United States

CA A Cancer Journal for Clinicians

115 citations in the snapshot

RESEARCH CONTEXT · 2022

The Impact of ESG Scores on Bank Market Value? Evidence from the U.S. Banking Industry

Sustainability

111 citations in the snapshot

What is growing in this coverage

the United States coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
patent infringement394241923.3%
cyber liability254251152.2%
privacy policies20724963.0%
arbitration clause17022852.3%
ip litigation54772836.3%
antitrust investigations63587799.5%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Neobanks and Digital Banking in the United States: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 30 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon