Neobanks available in Asia
short answer128 of the 368 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 128 are listed below with custody, licence 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 128 neobanks in Asia
| neobank | type | hq | custody | licence / structure | reported users |
|---|---|---|---|---|---|
| WeBank | traditional | Shenzhen, CN | Custodial | Private bank licence (CN) | 400M customers (2024) |
| PhonePe | traditional | Bengaluru, IN | Custodial | RBI PPI wallet (e-money issuer) + payment aggregator licence (2025); IRDAI insurance broking | 200M MAU (2025) |
| GCash | traditional | Manila, PH | Custodial | E-money issuer licence (EMI-NBFI, Bangko Sentral ng Pilipinas) via G-Xchange Inc.; Mynt group | 94M users (2024) |
| bKash | traditional | Dhaka, BD | Custodial | MFS licence (Bangladesh Bank) | 70M users (2024) |
| Revolut | hybrid | London, UK | Custodial | UK banking licence (2024); EU licence (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 licence (KR) | 23M customers (2024) |
| Wise | traditional | London, UK | Custodial | E-money/payment licences 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) |
| 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 licence (BNM) | — |
| Airtel Payments Bank | traditional | Delhi, IN | Custodial | Payments bank licence (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 licence (BNM); Axiata | — |
| 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 licences; 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 licence (Bank Indonesia) | — |
| Deel | hybrid | San Francisco, US | Custodial | MSB + US state money-transmitter licences (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) | — |
| 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 licence (Tyme x Gokongwei) | — |
| GrabPay | traditional | Singapore, SG | Custodial | Major payment institution (MPI) licence (MAS Singapore, PS20200167); e-money issuer | — |
| GXBank | traditional | Kuala Lumpur, MY | Custodial | Digital bank licence (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 licence (RBI) | — |
| Jupiter | traditional | Mumbai, IN | Custodial | Partner bank (Federal Bank); RBI PPI licence via parent Amica Financial Technologies | — |
| K bank | traditional | Seoul, KR | Custodial | Internet-only bank licence (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 licence (Kazakhstan) + Polish VASP; cards issued by Banco Popular de Puerto Rico | — |
| Krak | hybrid | San Francisco, US | Custodial | US state licences; MiCA (EU) | — |
| KuCard | hybrid | — | Custodial | Card issued by Wallester AS (Estonian payment institution); KuCoin EU holds Austrian MiCA CASP licence | — |
| LINE Bank TW | traditional | Taipei, TW | Custodial | Virtual bank licence (TW FSC) | — |
| LINE BK | traditional | Bangkok, TH | Custodial | JV on KBank licence | — |
| Mahila Money | traditional | Delhi, IN | Custodial | No own licence; 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 licence needed; card via licensed issuer partners | — |
| Minna Bank | traditional | Fukuoka, JP | Custodial | Bank licence (JP) | — |
| MoMo | traditional | Ho Chi Minh City, VN | Custodial | Intermediary payment services / e-wallet licence from State Bank of Vietnam; mobile money super-app | — |
| Moon | web3-native | — | Self-custodial | Self-custodial software | — |
| Mox Bank | traditional | Hong Kong, HK | Custodial | HK virtual bank (StanChart JV) | — |
| MYbank | traditional | Hangzhou, CN | Custodial | Private bank licence (CN) | — |
| Nagad | traditional | Dhaka, BD | Custodial | Mobile money licence (Bangladesh Bank MFS, with Bangladesh Post Office); 2024 digital-bank licence under review | — |
| NayaPay | traditional | Karachi, PK | Custodial | E-money institution (State Bank of Pakistan EMI licence, 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 licence (TW FSC) | — |
| Niyo | traditional | Bengaluru, IN | Custodial | Partner banks (SBM Bank India, DCB Bank) — RBI-regulated issuers; no own licence | — |
| 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) licence from SECP Pakistan for lending; digital ROSCAs | — |
| OVO | traditional | Jakarta, ID | Custodial | Bank Indonesia e-money licence (PT Visionet Internasional, 2017); QRIS + funds-transfer licences | — |
| 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 licence | — |
| Ready | web3-native | London, UK | Self-custodial | Self-custodial software | — |
| RedotPay | hybrid | Hong Kong, HK | Custodial | Hong Kong MSO, money lender + TCSP licences; 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 licence (BNM) | — |
| SadaPay | traditional | Karachi, PK | Custodial | E-money institution (EMI) licence 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) | — |
| Sling Money | web3-native | London, UK | Self-custodial | Self-custodial software | — |
| Solayer Emerald | web3-native | — | Self-custodial | Self-custodial; Visa principal program | — |
| Solflare | web3-native | Belgrade, RS | Self-custodial | Self-custodial software; card via issuer partners | — |
| 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 licences + 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 licence as its digital bank | — |
| Tonik | traditional | Manila, PH | Custodial | PH digital bank licence | — |
| Toss Bank | traditional | Seoul, KR | Custodial | Internet-only bank licence (KR) | — |
| Touch 'n Go eWallet | traditional | Kuala Lumpur, MY | Custodial | E-money issuer licence (Bank Negara Malaysia) | — |
| Tria | web3-native | — | Self-custodial | Self-custodial software | — |
| TrueMoney | traditional | Bangkok, TH | Custodial | E-money licence (Bank of Thailand) via Ascend Money; local e-money/payments licences 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 licence | — |
| UNO Digital Bank | traditional | Manila, PH | Custodial | PH digital bank licence | — |
| Uphold | hybrid | New York, US | Custodial | FinCEN MSB + state money-transmitter licences (US); FCA-registered cryptoasset firm (UK) | — |
| UR | hybrid | — | Custodial | Swiss fintech banking licence (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 licence | — |
| XPlace | hybrid | Dubai, AE | Custodial | Self-custodial (non-custodial Solana smart contracts); cards issued via Rain (Signify Holdings) under Visa licence | — |
| 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) licence 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 licence 04/GP-NHNN); Zion/VNG e-wallet | — |
| Zengo | web3-native | Tel Aviv, IL | MPC self-custodial | MPC self-custody; no seed phrase | — |
Common questions
Neobanks available in Asia: how many are there?
128 of the 368 neobanks tracked here serve customers in Asia. Every entry is verified active and listed on this page with its custody model, licence detail and the regions it serves.
Which are the biggest neobanks in Asia?
By self-reported users, WeBank, PhonePe, GCash, bKash and Revolut. Only 10 of these 128 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 (119) · Neobanks available in Europe (139) · Neobanks available in Oceania (68) · Neobanks available in Latin America (108) · Neobanks available in Africa (88) · Neobanks available in MENA (79)
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.