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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Nubank | United States of America | Neobanking, Commercial Banking | $16 | $73.8B | 5.7x | N/A |
| SoFi | United States of America | Neobanking, Lending Solutions, Online Lending | $28 | $36.4B | 10.6x | 36.6x |
| Rakuten Bank | Japan | Neobanking | JPY 7605 | $27.5B | 22.3x | N/A |
| NOBA Bank | Sweden | Neobanking | SEK 99 | $8.0B | N/A | N/A |
| One97 Communications | India | Payment Service Providers, FinTech Infrastructure, Neobanking | INR 1300 | $7.7B | 8.5x | 444.2x |
| Klarna | United States of America | BNPL, Lending Solutions, Neobanking | $34 | $7.6B | N/A | N/A |
| KakaoBank | South Korea | Commercial Banking, Neobanking | KRW 22000 | $7.3B | 7.4x | N/A |
| Chime | United States of America | Electronic Trading, Wealth Solutions, Neobanking | $19 | $6.1B | N/A | N/A |
| Inter & Co | United States of America | Neobanking, Commercial Banking | $9 | $5.6B | 3.8x | N/A |
| Inter&Co | Brazil | Neobanking | BRL 49 | $5.5B | 3.7x | N/A |
| Dave | United States of America | Neobanking | $205 | $2.8B | 5.3x | 13.8x |
| Kakao Pay | South Korea | Payment Service Providers, Neobanking | KRW 52000 | $2.0B | 3.1x | 35.6x |
| Bank Jago | Indonesia | Neobanking, Commercial Banking | IDR 2020 | $1.7B | 10.3x | N/A |
| NewtekOne | United States of America | Neobanking, Commercial Banking | $10 | $1.1B | 3.8x | N/A |
| First Internet Bank | United States of America | Neobanking, Commercial Banking | $18 | $512M | 3.5x | N/A |
| Lesaka Technologies | United States of America | Payment Service Providers, Neobanking | $4 | $482M | 1.2x | 8.2x |
| VersaBank | Canada | Neobanking, Commercial Banking | CAD 17 | $454M | 5.1x | N/A |
| Fino Payments Bank | India | Neobanking, Commercial Banking | INR 281 | $361M | 1.7x | N/A |
| Morrow Bank | Norway | Neobanking, Commercial Banking | NOK 13 | $351M | 2.5x | N/A |
| FinWise | United States of America | Neobanking, Commercial Banking | $18 | $254M | 2.1x | N/A |
| BankProv | United States of America | Neobanking, Commercial Banking | $14 | $253M | 4.5x | N/A |
| Instabank | Norway | Neobanking, Online Lending | NOK 3 | $167M | 2.8x | N/A |
| NAGA Group | Germany | Neobanking, Electronic Trading | €0 | $121M | 1.5x | 11.3x |
| Mogo Inc. | Canada | Neobanking, Online Lending | CAD 2 | $63.8M | 1.3x | 13.2x |
| Change Financial | Australia | Financial Services Software, Neobanking | AUD 0 | $27.9M | 1.7x | 12.0x |
| Nowonomics | Sweden | Neobanking, Wealth Solutions | SEK 6 | $15.8M | N/A | N/A |
| Givbux | United States of America | Neobanking, Loyalty & Coupons | $0 | $13.5M | N/A | N/A |
| Green Dot | United States of America | Online Lending, Lending Solutions, Neobanking | $11 | -$970M | -0.5x | -5.7x |
| Banco Invex | Mexico | Neobanking, Commercial Banking | MXN 14 | -$1.6B | N/A | N/A |
| Wise | United Kingdom of Great Britain and Northern Ireland | Commercial Banking, Neobanking, Money Transfer | £9 | -$7.1B | -3.6x | -9.9x |
Valuation multiples as of last 12 months (LTM). Stock prices as of November 16, 2025. Financial data powered by Morningstar and FactSet.
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