Key factors of neobanking's occurence

Neobanks, exclusively digital fintech-based banks are swiftly becoming a significant player in the financial markets. They bloomed rapidly and continue to develop swiftly, while there is little known about determinants of their establishment and performance. Purpose of this research is to find key f...

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Main Authors: Timotej Jagrič, Aleksandra Amon
Format: Article
Language:deu
Published: DOBA Business School Maribor 2023-07-01
Series:Mednarodno Inovativno Poslovanje
Subjects:
Online Access:https://journal.doba.si/OJS/index.php/jimb/article/view/323
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author Timotej Jagrič
Aleksandra Amon
author_facet Timotej Jagrič
Aleksandra Amon
author_sort Timotej Jagrič
collection DOAJ
description Neobanks, exclusively digital fintech-based banks are swiftly becoming a significant player in the financial markets. They bloomed rapidly and continue to develop swiftly, while there is little known about determinants of their establishment and performance. Purpose of this research is to find key factors determining occurrence of neobanks in selected 43 countries. We use random-effects model to analyse 13 financial, economic, and cultural–geographical factors. We find number of ATMs, S&P500 and rural population to be significant factors in occurrence of neobanks in selected countries. Our study presents first insight in factors of demand for neobanks and thus, first step in understanding demand for this new banking business model.
format Article
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institution Kabale University
issn 1855-6175
language deu
publishDate 2023-07-01
publisher DOBA Business School Maribor
record_format Article
series Mednarodno Inovativno Poslovanje
spelling doaj-art-d10ef54afe79457098f1ea3a15df793c2025-02-03T09:34:38ZdeuDOBA Business School MariborMednarodno Inovativno Poslovanje1855-61752023-07-0115111210.32015/JIBM.2023.15.1.1323Key factors of neobanking's occurenceTimotej Jagrič0Aleksandra Amon1 Ekonomsko-poslovna fakulteta Univerze v MariboruEkonomsko-poslovna fakulteta Univerze v MariboruNeobanks, exclusively digital fintech-based banks are swiftly becoming a significant player in the financial markets. They bloomed rapidly and continue to develop swiftly, while there is little known about determinants of their establishment and performance. Purpose of this research is to find key factors determining occurrence of neobanks in selected 43 countries. We use random-effects model to analyse 13 financial, economic, and cultural–geographical factors. We find number of ATMs, S&P500 and rural population to be significant factors in occurrence of neobanks in selected countries. Our study presents first insight in factors of demand for neobanks and thus, first step in understanding demand for this new banking business model.https://journal.doba.si/OJS/index.php/jimb/article/view/323neobanksfintechbankingfactors of occurence
spellingShingle Timotej Jagrič
Aleksandra Amon
Key factors of neobanking's occurence
Mednarodno Inovativno Poslovanje
neobanks
fintech
banking
factors of occurence
title Key factors of neobanking's occurence
title_full Key factors of neobanking's occurence
title_fullStr Key factors of neobanking's occurence
title_full_unstemmed Key factors of neobanking's occurence
title_short Key factors of neobanking's occurence
title_sort key factors of neobanking s occurence
topic neobanks
fintech
banking
factors of occurence
url https://journal.doba.si/OJS/index.php/jimb/article/view/323
work_keys_str_mv AT timotejjagric keyfactorsofneobankingsoccurence
AT aleksandraamon keyfactorsofneobankingsoccurence