The neobank graveyard: why they died

When a neobank shuts down, most directories silently delete it. We archive it — full last-known profile, delisting date, and the cause of death, traced. Why a project fails is worth more than why one succeeds.

6 neobanks have been delisted from the directory since tracking began — archived here with the cause of death, never silently deleted. 3 died when their partner bank or e-money rail pulled out, 2 were acquired and folded in, 1 was shut down by a regulator. The pattern across them is the thesis of this site: a neobank almost never dies at the brand — it dies at a link in the money chain. The partner bank exits, the e-money rail terminates the contract, the ledger provider collapses. The full anatomy is in why neobanks die; the monthly toll runs in the report.

partner / rail exit (3)

The bank or e-money provider underneath pulled out — the brand survived exactly as long as its rail did.

acquired (2)

Bought and folded in. An exit for the team; the end of the product.

shut by regulator (1)

The supervisor stepped in and wound it down.

The graveyard is part of the dataset

Every entry here lives in data.json under the graveyard key — the full last-known profile with status: "delisted", the delisting date and a structured cause, machine-readable like everything else. Delistings are also logged in the changelog, and each month's deaths get a post-mortem in the monthly report. If we got a cause wrong, or a listed neobank has quietly died, file a data fix.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.