Neobanks available in Asia
short answer133 of the 381 neobanks tracked here serve customers in Asia. Availability, not headquarters: a neobank appears here if it serves customers in Asia, wherever it is based. The largest by disclosed users are WeBank, PhonePe, GCash, bKash and Revolut; all 133 are listed below with custody, license and geography.
Availability, not headquarters: a neobank appears here if it serves customers in Asia, wherever it is based. Multi-region players are counted in every region they operate in, so these counts overlap by design.
All 133 neobanks in Asia
| neobank | type | hq | custody | license / structure | reported users |
|---|---|---|---|---|---|
| WeBank | traditional | Shenzhen, CN | Custodial | Private bank license (CN) | 400M customers (2024) |
| PhonePe | traditional | Bengaluru, IN | Custodial | RBI PPI wallet (e-money issuer) + payment aggregator license (2025); IRDAI insurance broking | 200M MAU (2025) |
| GCash | traditional | Manila, PH | Custodial | E-money issuer license (EMI-NBFI, Bangko Sentral ng Pilipinas) via G-Xchange Inc.; Mynt group | 94M users (2024) |
| bKash | traditional | Dhaka, BD | Custodial | MFS license (Bangladesh Bank) | 70M users (2024) |
| Revolut | hybrid | London, UK | Custodial | UK banking license (2024); EU license (Lithuania) | 50M customers (2025) |
| Maya | traditional | Manila, PH | Custodial | PH digital bank + EMI + VASP | 30M users (2024) |
| KakaoBank | traditional | Seongnam, KR | Custodial | Internet-only bank license (KR) | 23M customers (2024) |
| Wise | traditional | London, UK | Custodial | E-money/payment licenses globally | 19M customers (FY26) |
| Phantom | web3-native | San Francisco, US | Self-custodial | Self-custodial software | 15M MAU (2025) |
| MiniPay | web3-native | Oslo, NO | Self-custodial | Self-custodial software | 10M wallets (2025) |
| Zengo | web3-native | Tel Aviv, IL | MPC self-custodial | MPC self-custody; no seed phrase | 2M users (2026) |
| 1inch Card | web3-native | Dubai, AE | Self-custodial | Self-custodial; card via Baanx/Crypto Life | — |
| AEON Bank | traditional | Kuala Lumpur, MY | Custodial | Islamic digital bank license (BNM) | — |
| Airtel Payments Bank | traditional | Delhi, IN | Custodial | Payments bank license (RBI) | — |
| Allo Bank | traditional | Jakarta, ID | Custodial | Bank (OJK); CT Corp | — |
| AllScale | web3-native | — | Custodial | Self-custodial stablecoin platform; not a bank; compliance and settlement via licensed partners | — |
| ANEXT Bank | traditional | Singapore, SG | Custodial | Digital wholesale bank (MAS) | — |
| Aspire | traditional | Singapore, SG | Custodial | MPI (MAS) | — |
| Avalanche Card | web3-native | — | Self-custodial | Self-custodial; issuer partners | — |
| Avici | web3-native | — | Self-custodial | Self-custodial software | — |
| Bank Jago | traditional | Jakarta, ID | Custodial | Bank (OJK); GoTo ecosystem | — |
| BFinance | hybrid | Prague, CZ | Custodial | Czech VASP registration; Marqeta-issued cards | — |
| Binance Card | hybrid | — | Custodial | Jurisdiction-dependent VASP registrations | — |
| Bitget Card | hybrid | — | Custodial | Exchange VASP registrations (Lithuania, Bulgaria, Poland, Czechia); cards via issuer partners (DCS, Fiat24, Immersve) | — |
| Bitget Wallet | web3-native | — | Self-custodial | Self-custodial; cards via DCS (Asia), Immersve (EU/UK/LatAm), Fiat24 (CN virtual) | — |
| Bleap | web3-native | London, UK | MPC self-custodial | MPC self-custody; MC principal member | — |
| Blu by BCA | traditional | Jakarta, ID | Custodial | Bank (BCA Digital) | — |
| Boost Bank | traditional | Kuala Lumpur, MY | Custodial | Digital bank license (BNM); Axiata | — |
| Brookwell | hybrid | New York, US | Custodial | Partner bank: Erebor Bank, N.A. (Member FDIC) | — |
| Bybit Card | hybrid | Dubai, AE | Custodial | VARA (Dubai) + regional | — |
| Cake | traditional | Ho Chi Minh, VN | Custodial | Partner: VPBank | — |
| CEX.IO Card | hybrid | London, UK | Custodial | MSB (FinCEN) + US state money-transmitter licenses; UK FCA cryptoasset registration; EU VASP (Lithuania) | — |
| COCA | hybrid | Dubai, AE | MPC self-custodial | MPC self-custody; e-money card partners (UK/EU) | — |
| Crypto.com | hybrid | Singapore, SG | Custodial | MiCA CASP, MAS MPI, US MSBs | — |
| Cypher | web3-native | — | Self-custodial | Self-custodial; principal card programs | — |
| Daimo | web3-native | New York, US | Self-custodial | Open-source self-custodial software | — |
| DANA | traditional | Jakarta, ID | Custodial | E-money issuer license (Bank Indonesia) | — |
| Deel | hybrid | San Francisco, US | Custodial | MSB + US state money-transmitter licenses (DPayments); US wallet via Alviere/CFSB; DLUSD via Bridge | — |
| EtherFi Cash | web3-native | Miami, US | Self-custodial | DeFi protocol + issuer partners | — |
| Exa | web3-native | Buenos Aires, AR | Self-custodial | DeFi protocol (Exactly); card via partners | — |
| Exodus | web3-native | Omaha, US | Self-custodial | Self-custodial software | — |
| FamPay | traditional | Bengaluru, IN | Custodial | Partner bank (IDFC FIRST Bank) — co-branded RBI prepaid payment instruments; RuPay/Visa cards | — |
| Fizen | web3-native | Ho Chi Minh, VN | Self-custodial | Self-custodial software | — |
| Freo | traditional | Bengaluru, IN | Custodial | In-house RBI-licensed NBFC; savings and accounts via partner banks (Equitas, Yes Bank) | — |
| GetPlu | hybrid | Delaware, US | Custodial | Card program on partner institutions (Crossmint rails); not a bank or custodian itself | — |
| GoPay | traditional | Jakarta, ID | Custodial | E-money issuer licensed by Bank Indonesia (PT Dompet Anak Bangsa, since 2014); PJP Category 1; Bank Jago partner | — |
| GoTyme Bank | traditional | Manila, PH | Custodial | PH digital bank license (Tyme x Gokongwei) | — |
| GrabPay | traditional | Singapore, SG | Custodial | Major payment institution (MPI) license (MAS Singapore, PS20200167); e-money issuer | — |
| GXBank | traditional | Kuala Lumpur, MY | Custodial | Digital bank license (BNM); Grab-led | — |
| GXS Bank | traditional | Singapore, SG | Custodial | Digital full bank (MAS) | — |
| Hyperbeat | web3-native | — | Self-custodial | Self-custodial smart accounts (HyperEVM); Paxos Labs stablecoin infra | — |
| Infini | web3-native | — | Self-custodial | Self-custodial software | — |
| Jenius | traditional | Jakarta, ID | Custodial | Bank (BTPN/SMBC) | — |
| Jio Payments Bank | traditional | Mumbai, IN | Custodial | Payments bank license (RBI) | — |
| Jupiter | traditional | Mumbai, IN | Custodial | Partner bank (Federal Bank); RBI PPI license via parent Amica Financial Technologies | — |
| K bank | traditional | Seoul, KR | Custodial | Internet-only bank license (KT-led) | — |
| Karta | web3-native | Redwood City, US | MPC self-custodial | Self-custodial (MPC via Privy); Visa issued by Rain | — |
| KAST | hybrid | Hong Kong, HK | Custodial | Runs on licensed partners' rails: custody via BitGo/Fireblocks, Visa cards via licensed issuers; not a bank | — |
| Kolo | hybrid | — | Custodial | AIFC FinTech Lab license (Kazakhstan) + Polish VASP; cards issued by Banco Popular de Puerto Rico | — |
| Krak | hybrid | San Francisco, US | Custodial | US state licenses; MiCA (EU) | — |
| KuCard | hybrid | — | Custodial | Card issued by Wallester AS (Estonian payment institution); KuCoin EU holds Austrian MiCA CASP license | — |
| LINE Bank TW | traditional | Taipei, TW | Custodial | Virtual bank license (TW FSC) | — |
| LINE BK | traditional | Bangkok, TH | Custodial | JV on KBank license | — |
| Mahila Money | traditional | Delhi, IN | Custodial | No own license; lends on RBI-licensed NBFC partners' rails (Capital Trade Links, RupeeCircle) | — |
| MariBank | traditional | Singapore, SG | Custodial | Digital full bank (MAS) | — |
| MetaMask | web3-native | Consensys (global) | Self-custodial | Self-custodial software — no banking license needed; card via licensed issuer partners | — |
| Minna Bank | traditional | Fukuoka, JP | Custodial | Bank license (JP) | — |
| MoMo | traditional | Ho Chi Minh City, VN | Custodial | Intermediary payment services / e-wallet license from State Bank of Vietnam; mobile money super-app | — |
| Moon | web3-native | — | Self-custodial | Self-custodial software | — |
| Morse | web3-native | London, UK | Self-custodial | MiCA-licensed (Avian Labs Netherlands B.V.) | — |
| Mox Bank | traditional | Hong Kong, HK | Custodial | HK virtual bank (StanChart JV) | — |
| MYbank | traditional | Hangzhou, CN | Custodial | Private bank license (CN) | — |
| Nagad | traditional | Dhaka, BD | Custodial | Mobile money license (Bangladesh Bank MFS, with Bangladesh Post Office); 2024 digital-bank license under review | — |
| NayaPay | traditional | Karachi, PK | Custodial | E-money institution (State Bank of Pakistan EMI license, 2021) | — |
| Nexo | hybrid | Zug, CH | Custodial | EU VASP registrations; MiCA CASP application pending; EEA served via MiCA-licensed Tangany + DLT Finance | — |
| NEXT Bank | traditional | Taipei, TW | Custodial | Virtual bank license (TW FSC) | — |
| Niyo | traditional | Bengaluru, IN | Custodial | Partner banks (SBM Bank India, DCB Bank) — RBI-regulated issuers; no own license | — |
| OKX Card | hybrid | — | Custodial | VARA, MiCA (Malta) | — |
| Oobit | web3-native | Singapore, SG | Self-custodial | Self-custodial software | — |
| Open | traditional | Bengaluru, IN | Custodial | Partner banks (ICICI, Axis, Yes Bank +); RBI-licensed payment aggregator | — |
| Oraan | traditional | Karachi, PK | Custodial | SECP-registered; NBFC (non-bank finance company) license from SECP Pakistan for lending; digital ROSCAs | — |
| OVO | traditional | Jakarta, ID | Custodial | Bank Indonesia e-money license (PT Visionet Internasional, 2017); QRIS + funds-transfer licenses | — |
| PayPay Bank | traditional | Tokyo, JP | Custodial | Bank (JP); SoftBank ecosystem | — |
| Paytm | traditional | Noida, IN | Custodial | UPI TPAP riding on partner banks (Axis, Yes Bank, SBI, HDFC); wallet wound down with bank unit | — |
| Payy | web3-native | New York, US | Self-custodial | Self-custodial ZK L2; card via issuer partners | — |
| Peanut | web3-native | Zug, CH | Self-custodial | Open-source protocol; no custody | — |
| Plasma One | web3-native | — | Self-custodial | Own L1; card via issuer partners | — |
| Rainbow | web3-native | New York, US | Self-custodial | Self-custodial software | — |
| Rakuten Bank | traditional | Tokyo, JP | Custodial | Bank; Public (JP) | — |
| RazorpayX | traditional | Bengaluru, IN | Custodial | Partner banks (RBL, ICICI, Yes, Axis, IDFC First); Razorpay holds RBI payment aggregator license | — |
| Ready | web3-native | London, UK | Self-custodial | Self-custodial software; card via Kulipa (non-EEA cut Jun 2026; issuer wound down Jul 2026) | — |
| RedotPay | hybrid | Hong Kong, HK | Custodial | Hong Kong MSO, money lender + TCSP licenses; VASP (RedotX UAB, Lithuania FCIS); MSB registrations (US/Canada) | — |
| Rizon | web3-native | — | Self-custodial | Self-custodial software | — |
| Ryt Bank | traditional | Kuala Lumpur, MY | Custodial | Digital bank license (BNM) | — |
| SadaPay | traditional | Karachi, PK | Custodial | E-money institution (EMI) license from State Bank of Pakistan; owned by Papara | — |
| SafePal | web3-native | Singapore, SG | Self-custodial | Self-custodial software | — |
| SeaBank | traditional | Jakarta, ID | Custodial | Bank (OJK); Sea Group | — |
| slice | traditional | Bengaluru, IN | Custodial | Small finance bank (via NESFB merger) | — |
| Slush | web3-native | Palo Alto, US | Self-custodial | Self-custodial Sui wallet software | — |
| Solayer Emerald | web3-native | — | Self-custodial | Self-custodial; Visa principal program | — |
| Solflare | web3-native | Belgrade, RS | Self-custodial | Self-custodial software; card via Kulipa (issuer wound down Jul 2026; replacement expected Aug 2026) | — |
| Solid | web3-native | Gibraltar, GI | MPC self-custodial | Self-custodial Safe smart-accounts + MPC | — |
| Sony Bank | traditional | Tokyo, JP | Custodial | Japanese banking license (Sony Financial Group) | — |
| Startale | web3-native | Singapore, SG | Self-custodial | Self-custodial; co-develops Soneium with Sony Block Solutions Labs (Sony Group JV) | — |
| Strike | hybrid | Chicago, US | Custodial | Money transmitter licenses + NY BitLicense (NYDFS, 2026); Zap Solutions, Inc. | — |
| Superbank | traditional | Jakarta, ID | Custodial | Bank (OJK); Grab/Emtek/Singtel | — |
| Superform | web3-native | — | Self-custodial | Self-custodial software | — |
| SurfCash | web3-native | — | Self-custodial | Self-custodial (BVI entity); decentralized protocols + licensed local partners; Circle Alliance | — |
| Tangem | web3-native | Zug, CH | Self-custodial | Self-custodial; funds in a user-controlled smart contract (USDC on Polygon); card by Paera LLC, issued by Third National via Rain | — |
| Timo | traditional | Ho Chi Minh, VN | Custodial | Partner: Ban Viet Bank | — |
| TNEX | traditional | Hanoi, VN | Custodial | Operates under Maritime Bank's (Vietnam) banking license as its digital bank | — |
| Tonik | traditional | Manila, PH | Custodial | PH digital bank license | — |
| Toss Bank | traditional | Seoul, KR | Custodial | Internet-only bank license (KR) | — |
| Touch 'n Go eWallet | traditional | Kuala Lumpur, MY | Custodial | E-money issuer license (Bank Negara Malaysia) | — |
| Tria | web3-native | — | Self-custodial | Self-custodial software | — |
| TrueMoney | traditional | Bangkok, TH | Custodial | E-money license (Bank of Thailand) via Ascend Money; local e-money/payments licenses across 7 SEA markets | — |
| Trust Bank | traditional | Singapore, SG | Custodial | Bank (StanChart x FairPrice) | — |
| Trust Wallet | web3-native | — | Self-custodial | Self-custodial software | — |
| UnionDigital | traditional | Manila, PH | Custodial | PH digital bank license | — |
| UNO Digital Bank | traditional | Manila, PH | Custodial | PH digital bank license | — |
| Uphold | hybrid | New York, US | Custodial | FinCEN MSB + state money-transmitter licenses (US); FCA-registered cryptoasset firm (UK) | — |
| UR | hybrid | — | Custodial | Swiss fintech banking license (Art. 1b Banking Act, FINMA; SR Saphirstein AG); tokenized deposits | — |
| Veera | web3-native | Singapore, SG | Self-custodial | Self-custodial; passkey-secured non-exportable keys | — |
| WeFi | web3-native | — | Self-custodial | Self-custodial software | — |
| WeLab Bank | traditional | Hong Kong, HK | Custodial | HK virtual bank | — |
| Wirex | hybrid | London, UK | Custodial | E-money institution (FCA, FRN 902025); crypto via Wirex Digital Services VASP (OAM Italy) | — |
| Xapo Bank | hybrid | Gibraltar | Custodial | Gibraltar banking license | — |
| XPlace | hybrid | Dubai, AE | Custodial | Self-custodial (non-custodial Solana smart contracts); cards issued via Rain (Signify Holdings) under Visa license | — |
| xPortal | web3-native | Sibiu, RO | Self-custodial | Self-custodial software | — |
| Xverse | web3-native | London, UK | Self-custodial | Self-custodial software | — |
| YouTrip | traditional | Singapore, SG | Custodial | Major Payment Institution (MPI) license from MAS, Singapore — e-money issuance; funds safeguarded at DBS/StanChart/UOB | — |
| ZA Bank | traditional | Hong Kong, HK | Custodial | HK virtual bank; SFC-aligned crypto services | — |
| ZaloPay | traditional | Ho Chi Minh City, VN | Custodial | Licensed payment institution (SBV intermediary payment services license 04/GP-NHNN); Zion/VNG e-wallet | — |
Common questions
Neobanks available in Asia: how many are there?
133 of the 381 neobanks tracked here serve customers in Asia. Every entry is verified active and listed on this page with its custody model, license detail and the regions it serves.
Which are the biggest neobanks in Asia?
By self-reported users, WeBank, PhonePe, GCash, bKash and Revolut. Only 11 of these 133 disclose a user figure, so treat any ranking by size as partial rather than complete.
What does this category actually mean?
Availability, not headquarters: a neobank appears here if it serves customers in Asia, wherever it is based. Multi-region players are counted in every region they operate in, so these counts overlap by design.
Related
Neobanks available in North America (127) · Neobanks available in Europe (145) · Neobanks available in Oceania (73) · Neobanks available in Latin America (114) · Neobanks available in Africa (93) · Neobanks available in MENA (86)
go deeperFilter these live in the interactive directory, browse every cut of the dataset, or take the raw fields from data.json.
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.