Top Neobank Reviews 2025

Compare the best digital banks and financial platforms of 2025.

Neobanks: The Future of Digital Banking

What Are Neobanks?

Neobanks, also known as digital banks or challenger banks, are fully online financial institutions that operate without traditional brick-and-mortar branches. They offer banking services entirely through digital platforms like mobile apps and websites, allowing users to open accounts, transfer money, pay bills, and even invest—all from their smartphones.

Unlike conventional banks, neobanks typically run on lean, technology-driven business models, offering lower fees, faster services, and better user experiences. The rise of neobanks has disrupted the global financial industry, providing consumers and businesses with an alternative to legacy banking systems.

Over the past decade, neobanks have grown rapidly, fueled by advancements in fintech, open banking regulations, and consumer demand for more accessible, transparent, and affordable banking solutions.

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São Paulo, Brazil

Account Fees

BEST OVERALL

No monthly fees

Market

LATAM

3 Countries

ATM Access

NETWORKED

Partner ATMs

Investing

EQUITIES

B3 Access

Digital Assets

CRYPTO

Buy/Sell BTC, ETH

Business

LIMITED

Business Beta

Rating

4.6 (Very Good)

London, UK

Account Fees

TIERED

€0-45/month

Market

EU

40+ Countries

ATM Access

FEE-FREE LIMITS

Varies by plan

Investing

STOCKS & ETF

Global markets

Digital Assets

EXTENSIVE

100+ tokens

Business

FULL SUITE

Freelancer & Corp

Rating

4.5 (Excellent)

San Francisco, US

Account Fees

NO OVERDRAFT FEES

No hidden fees

Market

US

Domestic Only

ATM Access

60,000+ FREE

MoneyPass/VNP

Investing

NOT AVAILABLE

Banking focus

Digital Assets

NOT SUPPORTED

Traditional focus

Business

NOT AVAILABLE

Consumer only

Rating

4.4 (Very Good)

Berlin, Germany

Account Fees

TIERED

€0-16.90/month

Market

EU

25 Countries

ATM Access

LIMITED FREE

3-8 per month

Investing

EU ONLY

Stocks/ETFs

Digital Assets

CRYPTO

Via Bitpanda

Business

AVAILABLE

Multiple tiers

Rating

4.2 (Good)

London, UK

Account Fees

£0/MONTH

No Fees

Market

EU

Licensed Bank

ATM Access

FREE

UK Network

Investing

NOT AVAILABLE

Banking Focus

Digital Assets

NOT SUPPORTED

Traditional Bank

Business

STARTUP FOCUSED

Tech Integration

Rating

4.8 (Excellent)

San Francisco, US

Account Fees

$0/MONTH

With direct deposit

Market

US

Full Service

ATM Access

55,000+ FREE

Allpoint Network

Investing

FULL BROKERAGE

Stocks, ETFs, IRA

Digital Assets

CRYPTO

30+ coins

Business

AVAILABLE

Business Checking

Rating

4.3 (Very Good)

London, UK

Account Fees

TIERED

£0-17/month

Market

EU

Licensed Bank

ATM Access

LIMITED FREE

£250-800 abroad

Investing

AVAILABLE

Via Freetrade

Digital Assets

NOT SUPPORTED

Banking focus

Business

FULL SUITE

Pro & Lite

Rating

4.7 (Excellent)

Los Angeles, US

Account Fees

FREE/$7.99

Plus Membership

Market

US

ESG Focus

ATM Access

55,000+ FREE

Allpoint Network

Investing

ESG FOCUS

Impact Investing

Digital Assets

NOT SUPPORTED

Sustainable Only

Business

NOT AVAILABLE

Consumer Focus

Rating

4.0 (Good)

San Francisco, US

Account Fees

$0/MONTH

No monthly fees

Market

US

National Bank

ATM Access

55,000+ FREE

Allpoint Network

Investing

NOT AVAILABLE

Banking focus

Digital Assets

NOT SUPPORTED

Traditional focus

Business

NOT AVAILABLE

Consumer only

Rating

4.1 (Good)

Shenzhen, China

Account Fees

¥0/MONTH

No maintenance fees

Market

ASIA

China Focus

ATM Access

LIMITED

Partner networks

Investing

WEALTH MGMT

Mutual Funds

Digital Assets

NOT SUPPORTED

Regulated

Business

SME LOANS

Extensive platform

Rating

4.5 (Excellent)

Seoul, South Korea

Account Fees

₩0/MONTH

No account fees

Market

ASIA

South Korea

ATM Access

NATIONWIDE

Fee-free

Investing

FUND INVESTING

Local & Global

Digital Assets

NOT SUPPORTED

Regulatory focus

Business

BUSINESS ACCOUNTS

For sole traders

Rating

4.6 (Very Good)

London, UK

Account Fees

$0/MONTH

Transfer fees apply

Market

EU

160+ Countries

ATM Access

LIMITED FREE

2 per month

Investing

STOCKS

Invest in funds

Digital Assets

NOT SUPPORTED

Fiat focus

Business

COMPREHENSIVE

Mass payouts, API

Rating

4.8 (Excellent)

New York, US

Account Fees

$0/$9.99

Basic/Premium

Market

US

Domestic Only

ATM Access

40,000+ FREE

Allpoint Network

Investing

NOT AVAILABLE

Banking focus

Digital Assets

CRYPTO

Buy/Sell 30+

Business

NOT AVAILABLE

Consumer only

Rating

4.0 (Good)

Sandy, Utah, US

Account Fees

$0/MONTH

No maintenance fees

Market

US

Online Full Service

ATM Access

43,000+ FREE

Allpoint Network

Investing

SELF-DIRECTED

Stocks, ETFs, etc.

Digital Assets

NOT SUPPORTED

Traditional focus

Business

NOT AVAILABLE

Consumer only

Rating

4.5 (Excellent)

Los Angeles, US

Account Fees

$1/MONTH

Membership fee

Market

US

Budgeting Focus

ATM Access

37,000+ FREE

MoneyPass Network

Investing

NOT AVAILABLE

Banking focus

Digital Assets

NOT SUPPORTED

Traditional focus

Business

NOT AVAILABLE

Consumer only

Rating

3.9 (Average)

Market Leaders

Nubank: Popular in LATAM
Revolut: Global 'super app'
Chime: US leader
WeBank: Top choice in Asia

Top Rated

Starling Bank4.8 / 5.0
Wise4.8 / 5.0
Monzo4.7 / 5.0
Nubank4.6 / 5.0

Zero-Fee Champions

• Nubank - Best overall
• Chime - No overdraft fees
• WeBank - No maintenance fees
• Starling - UK free banking

Investment Leaders

• SoFi - Full brokerage
• Revolut - Stocks + Crypto
• Ally - Self-directed IRA
• Wise - Global stock funds

Disclaimer

Rates and terms subject to change • Not financial advice • FDIC/regulatory status varies

Data Sources

Company reports • SEC filings • Official websites • Market research

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