What makes a Bank?

We consider the following factors to be part of a traditional or neobank offering. This is not a minimum feature set, nor a complete listing of possible features. They represent our editorial choices.

Account Types Personal Accounts
Business Accounts
Core Features Deposits
Payments
Lending
Regulatory Compliance Licensing
Pricing and Fees Maintenance Fees
Transaction Fees
Overdraft Fees
Customer Support Presence
Dispute Resolution
Technology Stack Transaction Processing
PSD2/Open Banking Compliance
Deposit Protection Insurance Coverage
Payments and Transfers Domestic Transfers
International Transfers
Service Fees Fees for account features, payments, or other services
User Metrics Public User Count
Deposit Activity

Revolut

Is this Europe's answer to the financial future? What does that even mean?

Nubank

Our analysis of what makes Brazil's largest neobank new.