The source adds the following information: Data are sourced from the Cambridge Fintech Ecosystem Atlas, an interactive public repository developed by the University of Cambridge Judge Business School and the Cambridge Centre for Alternative Finance. The Atlas systematically identifies and classifies fintech entities as firms that use digital technology to provide or enable financial services, excluding incumbent financial institutions. Entities included must have operated for at least one year and maintain a concrete digital presence. The dataset, covering more than 2,000 entities, is based on pooled information gathered through a combination of manual and automated data extraction and validation processes. Data are provided for informational purposes and should be independently verified where necessary.
The number of digital banks worldwide expanded sharply over the past decade, rising from ** in 2014 to *** in 2025, marking an almost fivefold increase. The strongest expansion occurred between 2016 and 2021, reflecting rapid growth in digital-first financial services and increased investor support for challenger banks. In recent years, however, momentum has slowed considerably. By 2025, no new digital banks were established, suggesting the sector has entered a more mature phase following its earlier period of rapid expansion.
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Cambridge Centre for Alternative Finance. (February 23, 2026). Cumulative number of active digital banks worldwide from 2010 to 2025 [Graph]. In Statista. Retrieved May 09, 2026, from https://www.statista.com/statistics/1535827/number-of-digital-banks-worldwide/
Cambridge Centre for Alternative Finance. "Cumulative number of active digital banks worldwide from 2010 to 2025." Chart. February 23, 2026. Statista. Accessed May 09, 2026. https://www.statista.com/statistics/1535827/number-of-digital-banks-worldwide/
Cambridge Centre for Alternative Finance. (2026). Cumulative number of active digital banks worldwide from 2010 to 2025. Statista. Statista Inc.. Accessed: May 09, 2026. https://www.statista.com/statistics/1535827/number-of-digital-banks-worldwide/
Cambridge Centre for Alternative Finance. "Cumulative Number of Active Digital Banks Worldwide from 2010 to 2025." Statista, Statista Inc., 23 Feb 2026, https://www.statista.com/statistics/1535827/number-of-digital-banks-worldwide/
Cambridge Centre for Alternative Finance, Cumulative number of active digital banks worldwide from 2010 to 2025 Statista, https://www.statista.com/statistics/1535827/number-of-digital-banks-worldwide/ (last visited May 09, 2026)
Cumulative number of active digital banks worldwide from 2010 to 2025 [Graph], Cambridge Centre for Alternative Finance, February 23, 2026. [Online]. Available: https://www.statista.com/statistics/1535827/number-of-digital-banks-worldwide/