"neo bank" vs "neobank"

Both "neo bank" and "neobank" are correct, but "neobank" is the more commonly used and accepted term in the financial industry. It is a combination of the words "new" and "bank" to refer to a type of digital-only bank that operates exclusively online.

Last updated: April 01, 2024 • 573 views

"neo bank"

This is a correct term, but less commonly used than "neobank."

This term refers to a new type of bank that operates digitally without physical branches. It is a valid term but not as widely recognized as "neobank."

Show examples from the web [+]

The nine nations that are participating in the neo-conquest of Mexico are comprised of banks, industries and commerce, all of it foreign.
Ruse sits along the banks of the Danube River. It is known as Little Vienna for its nineteenth-century Neo-Baroque architecture. Most of the city's buildings have broad facades and solid colonnades that define the architectural style of the period.
The former has jettisoned none of its neo-liberal cargo: there is absolutely no concept of democratic accountability at the European Central Bank, the Stability and Growth Pact is one-sided and the free market is championed.
whereas this policy and pressures exerted by the international financial institutions (the IMF, World Bank etc.) for liberalisation have created a wide movement of protest and call for alternatives to neo-liberalism,
The development of these bodies would enable African countries to escape the control of the World Bank and International Monetary Fund, tools of neo-colonial domination, and would mark the end of the CFA franc, the currency that 14 former French colonies are forced to use.

Alternatives:

digital bank
online bank
internet bank
virtual bank
fintech bank

"neobank"

This is the more commonly used and accepted term in the financial industry.

A neobank is a type of digital-only bank that operates exclusively online, without traditional physical branches. It is a combination of the words "new" and "bank."

Alternatives:

digital bank
online bank
internet bank
virtual bank
fintech bank

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"neo bank" vs "neobank"

"neo bank"

"neobank"

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