The Banking-as-a-Service research report provides detailed analysis of this rapidly developing market. This includes an assessment of the various use cases and applications of BaaS (Banking-as-a-Service) within a range of markets, as well as the ongoing impact of increased digital banking and embedded finance usage. Additionally, the report includes an in-depth evaluation of 15 BaaS vendors via a the Competitor Leaderboard.Total Banking-as-a-Service Platform Revenue to Reach Over $38 Billion Globally by 2027
The research also provides industry benchmark forecasts for the market; covering BaaS usage and spend, split by the following categories, as well as by our 8 key regions and 60 countries:
- Current Accounts
- Card Issuing
- Wealth Management & Savings
- Prepaid Cards
- Business Accounts
This research suite comprises:
- Strategy & Forecasts (PDF)
- 5-year Market Sizing & Forecast Spreadsheet (Excel)
- 12 Months’ Access to harvest Online Data Platform
Key Market Statistics
Market Size in 2022:
- $11bn
Market Size in 2027:
- $38bn
2022 to 2027 Market Growth:
- 240%
Key Features
Market Dynamics: In-depth assessment of the key trends and challenges currently facing the BaaS market; focusing on the applications of BaaS, increasing use of digital banking and monetisation opportunities for BaaS providers.Segment Analysis: Analysis of important segments which are adopting BaaS strategies, including:
- Small/Medium Enterprises
- Large Enterprises
- Fintechs
- Banks
- Consumers
The Competitor Leaderboard: Key player capability and capacity assessment for 15 vendors, including:
- 11:FS Foundry
- Bankable
- BBVA
- ClearBank
- Column
- Credi2
- Fidor Bank
- Green Dot
- Marqeta
- MatchMove Pay Pte
- Railsr
- Solaris
- Starling Bank
- The Bancorp Bank
- Treezor
Benchmark Industry Forecasts: 5-year forecasts for 5 closely interlinked areas within BaaS, including current accounts, card issuing, wealth management & savings, prepaid cards and business accounts, split by our 8 key regions and the 60 countries listed below:
North America:
- Canada, US
Latin America:
- Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay
West Europe:
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK
Central & East Europe:
- Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine
Far East & China:
- China, Hong Kong, Japan, South Korea
Indian Subcontinent:
- Bangladesh, India, Nepal, Pakistan
Rest of Asia Pacific:
- Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam
- Africa & Middle East
- Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates
Key Questions Answered
- What will the BaaS projected total transaction value be by 2027?
- What trends are driving the growth of the BaaS industry?
- How have in-app purchasing and digital POS terminals affected BaaS demand?
- How is BaaS being used within different industries? And which are the most profitable?
- Who are the current leading vendors within the BaaS market? What are they doing successfully?
The Banking-as-a-Service forecast suite includes:
Regional splits for our 8 key forecast regions, as well as 60 country-level data splits for:
North America:
- Canada, US
Latin America:
- Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay.
West Europe:
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK.
Central & East Europe:
- Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine.
Far East & China:
- China, Hong Kong, Japan, South Korea.
Indian Subcontinent:
- Bangladesh, India, Nepal, Pakistan.
Rest of Asia Pacific:
- Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam.
Africa & Middle East:
- Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates.
The publisher’s highly granular IFxls (interactive Excels) enable clients to manipulate our forecast data and charts to test their own assumptions, by using the interactive scenario tool, and compare select markets side by side in customised charts and tables. IFxls greatly increase clients’ ability to both understand a particular market and to integrate their own views into the model.
Table of Contents
1. Banking as a Service - Key Takeaways & Strategic Recommendations
2. Banking-as-a-Service - Market Landscape
3. Banking-as-a-Service - Segment Analysis
4. Banking-as-a-Service - Competitor Leaderboard
5. Banking-as-a-Service - Market Forecasts
Companies Mentioned
- Treasury Prime
- Bankable
- The Bancorp Bank
- BBVA
- ClearBank
- Column
- Credi2
- Fidor Bank
- Green Dot
- Marqeta
- MatchMove Pay Pte
- Railsr
- Solaris
- Starling Bank
- Treezor
- 11:FS Foundry
- AAZZUR
- Aion Bank
- Amazon
- American Express
- Apple
- Arroweye Solutions
- Capital
- Churchill
- CNP
- Contis
- Current
- CyberSmart
- Deutsche Bank
- Digital Risk
- Direct Line Group
- Discover
- Federal Deposit Insurance Corporation
- Finleap
- Goldman Sachs
- Intuit
- Klarna
- Mastercard
- Maxi-Cash
- Paysafe
- PEXA
- Plaid
- QNTMPAY
- Raiffeisen Bank International
- Railsbank
- Retreeb
- Samsung
- Sella
- SumUp
- Tap
- Tappy Technologies
- Totalenergies
- Uber
- UnionPay
- Visa
- Vodeno
- Volkswagen Group
- Walmart
- Western Union
- Xero
- Ziglu
- Zwipe