NEOBANKS: A GLOBAL TREND AND PROSPECTS FOR COUNTRIES WITH DEVELOPING FINANCIAL INFRASTRUCTURE

This paper explores the rise of neobanks—digital-only financial institutions—as a significant global trend in the evolution of banking services. The analysis highlights their advantages and limitations, particularly in the context of countries with developing financial infrastructure. Special focus is given to the potential role of neobanks in enhancing financial inclusion and accelerating digital transformation in Uzbekistan.