In November 2023, the number of active open banking users in the United Kingdom reached the milestone of eight million users. Roughly two years before that, in January 2022, the number of open banking users stood at five million. Open banking allows third-party financial services providers to access consumer banking, transactions, and other financial data from banks and non-bank financial institutions. Open banking provides this data through the use of application programming interfaces (APIs).
Number of open banking users in the United Kingdom (UK) from November 2019 to November 2023 (in millions)
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Other statistics that may interest you Banking industry in the United Kingdom (UK)
Overview
8
- Premium Statistic Number of credit institutions in the UK 2008-2023
- Premium Statistic Total assets of the banking sector in the UK 2002-2022
- Premium Statistic Bank assets as a share of GDP in the UK 2002-2022
- Premium Statistic Banking assets composition in the UK 2014-2023, by currency
- Premium Statistic Monthly inflation rate and central bank interest rate in the UK 2018-2024
- Premium Statistic Largest banks in the UK 2023, by total assets
- Basic Statistic Largest banks in the UK 2001-2023, by market capitalization
- Basic Statistic Most valuable bank brands in the UK 2015-2024
Banking system efficiency and stability
8
- Premium Statistic Quarterly capital ratios of the banking industry in the UK 2014-2023
- Premium Statistic Quarterly value of CET1 capital of the banking industry in the UK 2014-2023
- Premium Statistic Quarterly value of Tier 1 capital of the banking industry in the UK 2014-2023
- Premium Statistic Quarterly value of risk-weighted assets of the banking industry in the UK 2014-2023
- Premium Statistic Net interest income of the banking industry in the UK 2017-2028, by type of bank
- Premium Statistic Value of deposits at banks in the UK 2017-2028, by type of bank
- Premium Statistic ROE of the largest banks in the UK 2012-2023
- Premium Statistic Revenue of the largest banks in the UK 2010-2023
Retail banking
8
- Premium Statistic Processes in banking affairs in the UK 2024
- Premium Statistic Customer attitude toward personal finances in the UK 2024
- Premium Statistic Household gross savings as share of disposable income in the UK 2007-2025
- Basic Statistic Forecasted quarterly household savings ratio in the UK 2015-2027
- Premium Statistic Average mortgage interest rates in the UK 2000-2024, per quarter and type
- Basic Statistic Gross mortgage lending market share of leading UK banks 2021-2022
- Premium Statistic Most used in-store (POS) payment methods in the UK 2017-2023, with 2027 forecast
- Premium Statistic Monthly number of credit card transactions in the UK 2014-2023
Investment banking
6
- Premium Statistic M&A transaction volume in the UK 2022, by sector
- Premium Statistic M&A transaction volume in the UK financial sector 2016-2022
- Premium Statistic Leading financial advisors of M&A deals in the UK 2022, by deal volume
- Premium Statistic Leading financial advisors to M&A deals in the UK 2022, by deal value
- Premium Statistic All-time largest IPOs on the LSE in the UK 2024, by market cap at IPO
- Premium Statistic Number of IPOs on the LSE in the UK 2010-2024
Mobile and online banking
6
- Premium Statistic Neobanking and neobrokerage popularity in the UK 2023, by brand
- Premium Statistic Key players in neobanking in the UK 2022, by brand share
- Premium Statistic Mobile banking usage in the UK 2019-2024, by quarter
- Premium Statistic Online banking usage in the UK 2019-2024, by quarter
- Premium Statistic Number of open banking users in the UK 2019-2023
- Premium Statistic Number of customers at selected digital banks in the UK 2023
Workforce diversity
7
- Premium Statistic Gender diversity at the largest banks in the UK 2023
- Premium Statistic Board diversity at the largest UK banks 2024, by gender
- Premium Statistic Gender diversity in the total workforce of HSBC 2018-2023
- Premium Statistic Gender diversity in the total workforce of Lloyds Banking Group 2015-2023
- Premium Statistic Gender diversity in the total workforce of Barclays 2016-2023
- Premium Statistic Gender diversity in the total workforce of NatWest Group 2020-2023
- Premium Statistic Gender diversity in the total workforce of Standard Chartered 2016-2023
Further related statistics
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- Prepaid debit card use in U.S. households 2013-2019, by tenure
- Total assets of the Industrial and Commercial Bank of China 2012-2023
- Operating income of the Industrial and Commercial Bank of China 2013-2023
- Total assets of the Bank of Communications 2013-2023
- Operating income of the Bank of Communications 2013-2023
- Total assets of the China Construction Bank 2013-2023
- Return on average common shareholder equity at Goldman Sachs 2009-2023
- Employee compensation and benefits at Deutsche Bank 2006-2022
- Net revenue from investment banking at Goldman Sachs 2009-2023
- Total assets of Banco Santander 2001-2023
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AltFi, & Open Banking. (January 18, 2024). Number of open banking users in the United Kingdom (UK) from November 2019 to November 2023 (in millions) [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1314421/uk-open-banking-users/
AltFi, und Open Banking. "Number of open banking users in the United Kingdom (UK) from November 2019 to November 2023 (in millions)." Chart. January 18, 2024. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1314421/uk-open-banking-users/
AltFi, Open Banking. (2024). Number of open banking users in the United Kingdom (UK) from November 2019 to November 2023 (in millions). Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1314421/uk-open-banking-users/
AltFi, and Open Banking. "Number of Open Banking Users in The United Kingdom (Uk) from November 2019 to November 2023 (in Millions)." Statista, Statista Inc., 18 Jan 2024, https://www.statista.com/statistics/1314421/uk-open-banking-users/
AltFi & Open Banking, Number of open banking users in the United Kingdom (UK) from November 2019 to November 2023 (in millions) Statista, https://www.statista.com/statistics/1314421/uk-open-banking-users/ (last visited June 16, 2024)
Number of open banking users in the United Kingdom (UK) from November 2019 to November 2023 (in millions) [Graph], AltFi, & Open Banking, January 18, 2024. [Online]. Available: https://www.statista.com/statistics/1314421/uk-open-banking-users/