The best neobanks in 2025 include Web2 services like Monzo and SoFi, hybrid fiat-crypto platforms such as Revolut, Wirex, Xapo, Kast, and Bleap, and Web3-native options like Gnosis Pay and Fiat24. The right choice depends on whether users value simplicity, crypto integration, or full on-chain self-custody.
Neobanks have matured significantly over the past decade. What started as mobile-only banks has expanded into a diverse landscape covering traditional digital banks, crypto-enabled services, and fully on-chain financial platforms.
This guide explains the differences between Web2, Hybrid, and Web3-native neobanks, how the main players compare, and what type of platform fits best depending on user needs.
Web2 neobanks mirror traditional banking but deliver it through modern digital interfaces. They rarely touch crypto or on-chain technologies.
Monzo, SoFi, Brex, GalaxyOne, Hurupay, youngplatform, Trustee.
Web2 neobanks provide current accounts, debit cards, budgeting features, and loans. Their strength lies in regulation, predictable service, and familiarity.
They are built for convenience, not innovation. Users benefit from a simple, app-centric banking experience without needing to interact with crypto or manage private keys.
These neobanks are still tied to domestic regulatory infrastructure. This often results in geographic limitations, international fees, slower settlement, and no crypto support.
Users who want a modern, regulated bank without digital assets.
Hybrid neobanks combine traditional accounts with crypto functionality. They allow users to hold, swap, or spend digital assets alongside fiat currencies.
Bleap, Revolut, Wirex, Xapo, Nebeus, Avici, THORWallet, UR, Kast, Copperx, Zoth, Karma, Deblock, Fizen, Stables, Pyra, Fiat24, Tuyo, SolidYield.
These platforms allow users to interact with both fiat and crypto from the same app. They commonly offer multi-currency cards, stablecoins, swaps, staking, and cross-border payments. Custody models vary significantly, from fully custodial to semi- or fully non-custodial structures.
Hybrids are the transition layer between the convenience of Web2 and the autonomy of Web3. They simplify crypto access for users who may not be ready for fully on-chain banking.
Providers take very different paths inside this category.
For example:
Bleapβs design appeals to users who prioritise asset control and cost transparency but still want card-based payments and a familiar neobank experience.
Users who want both fiat and crypto access with global payment capabilities.
Web3-native neobanks operate entirely on blockchain rails. They rely on stablecoins, smart accounts, and self-custody rather than traditional banking infrastructure.
Tria, Superform, ether.fi, VPay, Infini, Gnosis Pay, Moon, WeFi, Sanafi Onchain, AllScale, FASQON.
Users hold their assets directly on-chain, often through smart accounts or MPC-based wallets. These platforms provide blockchain-native features such as automated payments, direct access to DeFi, and global transactions without intermediaries.
Web3 neobanks target users who want complete ownership, transparency, and programmability.
They eliminate reliance on traditional intermediaries. Assets remain in the userβs control, transactions settle instantly, and services work globally without geographic barriers.
Gnosis Pay links a Visa card to a Safe-based smart account. It offers on-chain identity, programmable permissions, and GNO-based rewards.
Its main limitation is the 1.5% stabilization fee applied to all transactions, which can reduce everyday value for most users.
Simple, regulated banking with familiar features. Limited global flexibility and no crypto support.
Combine fiat and crypto while retaining card usability. Ideal for users who want to keep their options open.
Fully on-chain accounts with self-custody. Designed for users comfortable with digital assets and decentralisation.
Bleap sits between hybrid and Web3-native neobanks. It offers self-custody and on-chain architecture but keeps a mainstream neobank feel with global Mastercard spending and no hidden FX costs. This makes it suitable for users who want transparency and control without navigating complex crypto mechanics.
There is no single best option; the right choice depends on each userβs needs. Every category offers different advantages depending on whether someone prioritises simplicity, crypto features, or full self-custody.
Monzo, SoFi, and Brex β ideal for traditional banking with a modern, regulated experience.
Bleap and Revolut β for users who want both fiat and crypto functionality. Bleap stands out thanks to its MPC self-custody model and zero FX fees.
Gnosis Pay, Fiat24, and Superform β for users who prefer operating fully on-chain with complete control over their assets.
Overall, hybrid neobanks with self-custody, such as Bleap, are becoming the most balanced choice for users who want flexibility and control without technical complexity.
Users increasingly want financial tools that are global, transparent, and resistant to hidden fees or custodial risk. Three trends drive this movement:
Hybrid platforms using self-custody, such as Bleap, bridge the gap, offering on-chain principles with everyday usability.
A neobank is a fully digital financial platform that operates without physical branches. It provides banking services online, such as accounts, cards, transfers, budgeting tools, and sometimes crypto features. Neobanks focus on low fees, fast onboarding, and modern user experiences compared to traditional banks.
Europe has several strong neobanks, including Monzo, Revolut, N26, and Wise. For users looking for global spending, zero FX markups, and self-custody with crypto support, Bleap stands out as a modern hybrid option that offers both traditional card usability and on-chain asset control.
Most neobanks charge fees through FX markups or account tiers. Bleap is one of the few neobanks offering a no-fee model with zero FX fees, free global card spending, and free ATM withdrawals up to β¬400/month, making it highly competitive for users seeking a truly fee-free experience.
Revolut, Wirex, and Crypto.com offer tier-based or token-based rewards. Bleap provides a simple structure: 2% cashback paid in USDC with no token volatility, no lockups, and no staking requirements. This makes it a strong option for users who prefer transparent, predictable rewards.
Freelancers typically need low fees, fast payments, and flexible multi-currency options. Revolut and Wise offer strong invoicing and currency tools. Bleap is a strong alternative for freelancers who work internationally or receive crypto payments, offering self-custody, instant settlements, and zero FX costs.
Wise and Revolut are established choices for frequent travellers. For users who want zero FX markups, global Mastercard acceptance, and crypto-to-fiat spending without fees, Bleap provides one of the most cost-efficient travel experiences.
Wirex, Xapo, and N26 (with third-party integrations) offer crypto features, but they are fully custodial. Bleap provides MPC self-custody with a neobank interface, allowing users to spend directly from their own assets with no conversion fees or token obligations.
Yes. Neobanks are regulated or operate through licensed partners. Safety depends on the model:
For many users, yes. Neobanks offer spending accounts, cards, transfers, and budgeting tools. Some provide savings, loans, crypto access, and global FX. Bleap, Revolut, and Wise are increasingly used as primary or secondary accounts depending on user needs.
Wise is strong for cross-border transfers. Most other neobanks charge FX fees, spreads, or hidden markups. Bleap stands out by removing FX fees, spreads, and conversion costs entirely, resulting in one of the most transparent cost structures.
Revolut and Wise are good options for multi-currency spending. Bleap provides global Mastercard access with zero FX markups and real-time stablecoin conversions, making it ideal for frequent travellers and remote workers.
Some hybrids like Wirex, Xapo, and Nexo allow crypto card spending but rely on custodial accounts. Bleap enables crypto spending via self-custody using MPC, combining Web3 security with real-world card acceptance.
Most traditional neobanks offer limited or regionally restricted cashback. Bleap provides 2% USDC cashback globally, with no token volatility or regional limits, making it appealing for international users.
Digital nomads need global accounts, low fees, and multi-currency tools.
Neobanks in 2025 span a wide spectrum of financial models. Web2 neobanks offer simplicity; hybrids provide a mix of fiat and crypto; and Web3-native platforms offer complete autonomy.
Hybrid approaches, especially those that incorporate self-custody, are emerging as the most adaptable models. Platforms like Bleap demonstrate how users can combine asset ownership, cost transparency, and global card usability in a single experience.
As more financial activity moves on-chain, Web3-native models are expected to become increasingly influential within the neobank sector.
To choose the right neobank, consider custody, fees, global availability, and whether you want crypto or on-chain tools alongside traditional banking. Comparing Web2, Hybrid, and Web3 options will help determine the platform that matches your financial needs.
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