BUSINESS REPORTERMUSCAT, OCT 29Neobanks, often referred to as challenger banks operate under the umbrella of mainstream finance but are supercharging specific services long.
Neobanks in the GCC will account for more than $2 trillion in market size by 2030 at a Compound Annual Growth Rate (CAGR) of 53.4%, according to a new report by Boston Consulting Group (BCG).