A prime example of scale-to-profitability, targeting $9 billion in revenue and $3.5 billion in profit for 2026. Its expansion into crypto (where 40% of neobanks are now following) and global stock trading has made it a "financial super-app".
Neobanks failing in 2026 typically share one trait: they failed to find a "path to profit" beyond free accounts.
Banks that rely solely on debit card swipe fees are struggling as customer acquisition costs (CAC) remain high while revenue per user stays low.
Both have achieved sustained profitability by moving into SME banking and lending. Starling’s focus on its "Banking-as-a-Service" infrastructure is now a key growth engine.
A prime example of scale-to-profitability, targeting $9 billion in revenue and $3.5 billion in profit for 2026. Its expansion into crypto (where 40% of neobanks are now following) and global stock trading has made it a "financial super-app".
Neobanks failing in 2026 typically share one trait: they failed to find a "path to profit" beyond free accounts. Which neobanks will rise or fall?
Banks that rely solely on debit card swipe fees are struggling as customer acquisition costs (CAC) remain high while revenue per user stays low. A prime example of scale-to-profitability
Both have achieved sustained profitability by moving into SME banking and lending. Starling’s focus on its "Banking-as-a-Service" infrastructure is now a key growth engine. Which neobanks will rise or fall?