As neobank market has grown in size and has gone through major changes, a new type of Neobanks that are offering banking products specifically catered towards SMEs and businesses are referred to as SME Neobanks.
These SME Neobanks or Neo banks for Businesses as compare to traditional banks, are more digitally focused. They offer built-in merchant services and other important tax and financial tools that small businesses use.
In todays ever shifting business markets SMEs and start-up need access to financial products and services to make better and informed decisions. These business SME neobanks are at the forefront of the movement to meet this business customer demand.
Here is an updated list of SME Neo banks based on countries they operate.