The article cited AMA's Global Neobanking Software Market Study explored substantial growth with CAGR of 43.0%. According the report, Trend for Online Payments is one of the primary growth factors for the market. Hassle-free Account Creation and No Credit Limits is also expected to contribute significantly to the Neobanking Software market. Overall, Personal Banking applications of Neobanking Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Open Financial Technologies Pvt Ltd.(India), NiYO Solutions (India), SBI YONO (India), Kotak 811 (India), Tide (United Kingdom), Chime(United States), Monzo (United Kingdom), WeBank (China), Starling Bank (United Kingdom), N26 (Germany), Nubank (Brazil), Revolut Ltd (United Kingdom) and Xinja (Australia) may see astonishing sales in this Market and certainly improve revenue growth.

The Software Subscription, such as Monthly, is boosting the Neobanking Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Deployment, such as Cloud, is boosting the Neobanking Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Neobanking Software market identified that the demand is rising in many different parts of the world as "Seamless International Payments ". One of the challenges that industry facing is "Lack of Knowledge among Rural Customers"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Neobanking Software market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Neobanking Software market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Neobanking Software market tight?
• Which application/end-user category or Product Type [Integrated Software and Standalone Software] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Neobanking Software market and other related sub-markets covered in the study.

o Key & emerging players in the Neobanking Software market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Neobanking Software market size is calculated using market estimation process, the Neobanking Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Neobanking Software market size has been validated using both top-down and bottom-up approaches.