Abstract
Summary
LPI (LP Information)' newest research report, the “Banking-as-a-Service Industry Forecast” looks at past sales and reviews total world Banking-as-a-Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Banking-as-a-Service sales for 2023 through 2029. With Banking-as-a-Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Banking-as-a-Service industry.
This Insight Report provides a comprehensive analysis of the global Banking-as-a-Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Banking-as-a-Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Banking-as-a-Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Banking-as-a-Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Banking-as-a-Service.
The global Banking-as-a-Service market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Banking-as-a-Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Banking-as-a-Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Banking-as-a-Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Banking-as-a-Service players cover SolarisBank, Sqaure, PayPal, Fidor Bank, Moven, Prosper, OANDA, Currency Cloud and Intuit, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Banking-as-a-Service market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
API-based Bank-as-a-Service
Cloud-based Bank-as-a-Service
Segmentation by application
Government
Banks
NBFC
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SolarisBank
Sqaure
PayPal
Fidor Bank
Moven
Prosper
OANDA
Currency Cloud
Intuit
Gemalto
BOKU
Invoicera
Coinbase
Authy
Dwolla
GoCardless
This Insight Report provides a comprehensive analysis of the global Banking-as-a-Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Banking-as-a-Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Banking-as-a-Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Banking-as-a-Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Banking-as-a-Service.
The global Banking-as-a-Service market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Banking-as-a-Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Banking-as-a-Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Banking-as-a-Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Banking-as-a-Service players cover SolarisBank, Sqaure, PayPal, Fidor Bank, Moven, Prosper, OANDA, Currency Cloud and Intuit, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Banking-as-a-Service market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
API-based Bank-as-a-Service
Cloud-based Bank-as-a-Service
Segmentation by application
Government
Banks
NBFC
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SolarisBank
Sqaure
PayPal
Fidor Bank
Moven
Prosper
OANDA
Currency Cloud
Intuit
Gemalto
BOKU
Invoicera
Coinbase
Authy
Dwolla
GoCardless
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Banking-as-a-Service Market Size 2018-2029
2.1.2 Banking-as-a-Service Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Banking-as-a-Service Segment by Type
2.2.1 API-based Bank-as-a-Service
2.2.2 Cloud-based Bank-as-a-Service
2.3 Banking-as-a-Service Market Size by Type
2.3.1 Banking-as-a-Service Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Banking-as-a-Service Market Size Market Share by Type (2018-2023)
2.4 Banking-as-a-Service Segment by Application
2.4.1 Government
2.4.2 Banks
2.4.3 NBFC
2.5 Banking-as-a-Service Market Size by Application
2.5.1 Banking-as-a-Service Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Banking-as-a-Service Market Size Market Share by Application (2018-2023)
3 Banking-as-a-Service Market Size by Player
3.1 Banking-as-a-Service Market Size Market Share by Players
3.1.1 Global Banking-as-a-Service Revenue by Players (2018-2023)
3.1.2 Global Banking-as-a-Service Revenue Market Share by Players (2018-2023)
3.2 Global Banking-as-a-Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Banking-as-a-Service by Regions
4.1 Banking-as-a-Service Market Size by Regions (2018-2023)
4.2 Americas Banking-as-a-Service Market Size Growth (2018-2023)
4.3 APAC Banking-as-a-Service Market Size Growth (2018-2023)
4.4 Europe Banking-as-a-Service Market Size Growth (2018-2023)
4.5 Middle East & Africa Banking-as-a-Service Market Size Growth (2018-2023)
5 Americas
5.1 Americas Banking-as-a-Service Market Size by Country (2018-2023)
5.2 Americas Banking-as-a-Service Market Size by Type (2018-2023)
5.3 Americas Banking-as-a-Service Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Banking-as-a-Service Market Size by Region (2018-2023)
6.2 APAC Banking-as-a-Service Market Size by Type (2018-2023)
6.3 APAC Banking-as-a-Service Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Banking-as-a-Service by Country (2018-2023)
7.2 Europe Banking-as-a-Service Market Size by Type (2018-2023)
7.3 Europe Banking-as-a-Service Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Banking-as-a-Service by Region (2018-2023)
8.2 Middle East & Africa Banking-as-a-Service Market Size by Type (2018-2023)
8.3 Middle East & Africa Banking-as-a-Service Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Banking-as-a-Service Market Forecast
10.1 Global Banking-as-a-Service Forecast by Regions (2024-2029)
10.1.1 Global Banking-as-a-Service Forecast by Regions (2024-2029)
10.1.2 Americas Banking-as-a-Service Forecast
10.1.3 APAC Banking-as-a-Service Forecast
10.1.4 Europe Banking-as-a-Service Forecast
10.1.5 Middle East & Africa Banking-as-a-Service Forecast
10.2 Americas Banking-as-a-Service Forecast by Country (2024-2029)
10.2.1 United States Banking-as-a-Service Market Forecast
10.2.2 Canada Banking-as-a-Service Market Forecast
10.2.3 Mexico Banking-as-a-Service Market Forecast
10.2.4 Brazil Banking-as-a-Service Market Forecast
10.3 APAC Banking-as-a-Service Forecast by Region (2024-2029)
10.3.1 China Banking-as-a-Service Market Forecast
10.3.2 Japan Banking-as-a-Service Market Forecast
10.3.3 Korea Banking-as-a-Service Market Forecast
10.3.4 Southeast Asia Banking-as-a-Service Market Forecast
10.3.5 India Banking-as-a-Service Market Forecast
10.3.6 Australia Banking-as-a-Service Market Forecast
10.4 Europe Banking-as-a-Service Forecast by Country (2024-2029)
10.4.1 Germany Banking-as-a-Service Market Forecast
10.4.2 France Banking-as-a-Service Market Forecast
10.4.3 UK Banking-as-a-Service Market Forecast
10.4.4 Italy Banking-as-a-Service Market Forecast
10.4.5 Russia Banking-as-a-Service Market Forecast
10.5 Middle East & Africa Banking-as-a-Service Forecast by Region (2024-2029)
10.5.1 Egypt Banking-as-a-Service Market Forecast
10.5.2 South Africa Banking-as-a-Service Market Forecast
10.5.3 Israel Banking-as-a-Service Market Forecast
10.5.4 Turkey Banking-as-a-Service Market Forecast
10.5.5 GCC Countries Banking-as-a-Service Market Forecast
10.6 Global Banking-as-a-Service Forecast by Type (2024-2029)
10.7 Global Banking-as-a-Service Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 SolarisBank
11.1.1 SolarisBank Company Information
11.1.2 SolarisBank Banking-as-a-Service Product Offered
11.1.3 SolarisBank Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 SolarisBank Main Business Overview
11.1.5 SolarisBank Latest Developments
11.2 Sqaure
11.2.1 Sqaure Company Information
11.2.2 Sqaure Banking-as-a-Service Product Offered
11.2.3 Sqaure Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Sqaure Main Business Overview
11.2.5 Sqaure Latest Developments
11.3 PayPal
11.3.1 PayPal Company Information
11.3.2 PayPal Banking-as-a-Service Product Offered
11.3.3 PayPal Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 PayPal Main Business Overview
11.3.5 PayPal Latest Developments
11.4 Fidor Bank
11.4.1 Fidor Bank Company Information
11.4.2 Fidor Bank Banking-as-a-Service Product Offered
11.4.3 Fidor Bank Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Fidor Bank Main Business Overview
11.4.5 Fidor Bank Latest Developments
11.5 Moven
11.5.1 Moven Company Information
11.5.2 Moven Banking-as-a-Service Product Offered
11.5.3 Moven Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Moven Main Business Overview
11.5.5 Moven Latest Developments
11.6 Prosper
11.6.1 Prosper Company Information
11.6.2 Prosper Banking-as-a-Service Product Offered
11.6.3 Prosper Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Prosper Main Business Overview
11.6.5 Prosper Latest Developments
11.7 OANDA
11.7.1 OANDA Company Information
11.7.2 OANDA Banking-as-a-Service Product Offered
11.7.3 OANDA Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 OANDA Main Business Overview
11.7.5 OANDA Latest Developments
11.8 Currency Cloud
11.8.1 Currency Cloud Company Information
11.8.2 Currency Cloud Banking-as-a-Service Product Offered
11.8.3 Currency Cloud Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Currency Cloud Main Business Overview
11.8.5 Currency Cloud Latest Developments
11.9 Intuit
11.9.1 Intuit Company Information
11.9.2 Intuit Banking-as-a-Service Product Offered
11.9.3 Intuit Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Intuit Main Business Overview
11.9.5 Intuit Latest Developments
11.10 Gemalto
11.10.1 Gemalto Company Information
11.10.2 Gemalto Banking-as-a-Service Product Offered
11.10.3 Gemalto Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 Gemalto Main Business Overview
11.10.5 Gemalto Latest Developments
11.11 BOKU
11.11.1 BOKU Company Information
11.11.2 BOKU Banking-as-a-Service Product Offered
11.11.3 BOKU Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 BOKU Main Business Overview
11.11.5 BOKU Latest Developments
11.12 Invoicera
11.12.1 Invoicera Company Information
11.12.2 Invoicera Banking-as-a-Service Product Offered
11.12.3 Invoicera Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 Invoicera Main Business Overview
11.12.5 Invoicera Latest Developments
11.13 Coinbase
11.13.1 Coinbase Company Information
11.13.2 Coinbase Banking-as-a-Service Product Offered
11.13.3 Coinbase Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 Coinbase Main Business Overview
11.13.5 Coinbase Latest Developments
11.14 Authy
11.14.1 Authy Company Information
11.14.2 Authy Banking-as-a-Service Product Offered
11.14.3 Authy Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.14.4 Authy Main Business Overview
11.14.5 Authy Latest Developments
11.15 Dwolla
11.15.1 Dwolla Company Information
11.15.2 Dwolla Banking-as-a-Service Product Offered
11.15.3 Dwolla Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.15.4 Dwolla Main Business Overview
11.15.5 Dwolla Latest Developments
11.16 GoCardless
11.16.1 GoCardless Company Information
11.16.2 GoCardless Banking-as-a-Service Product Offered
11.16.3 GoCardless Banking-as-a-Service Revenue, Gross Margin and Market Share (2018-2023)
11.16.4 GoCardless Main Business Overview
11.16.5 GoCardless Latest Developments
12 Research Findings and Conclusion