Estimated customer growth of Monzo Bank 2018-2024

Published by Statista Research Department, Apr 16, 2024

Monzo is a UK-based digital bank that provides current accounts to individuals, limited companies and sole traders. The bank saw steady growth in its customer numbers between 2018 and 2023, hitting a milestone of 7.5 million customers in May 2023. If the bank continues its recent customer growth trend, it is estimated that its customer base will reach 9.5 million by December 2024. 

Estimated monthly customer growth of Monzo Bank from 2018 to 2024 (in millions)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

2024

Region

United Kingdom

Survey time period

February 2018 to December 2024

Supplementary notes

Figures have been estimated by Statista using customer milestones announced in annual reports. The last officially announced customer count was 7.5 million, announced in May 2023. Slight deviations from the officially announced numbers may occur, as the exact days and customer numbers are unknown. 

Previous customer counts announced by the bank include: 

  • Six million in March 2022
  • Five million in February 2021
  • 3.9 million in February 2020
  • Two million in February 2019
  • 750,000 in February 2018

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$199 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Fintech in the United Kingdom "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Fintech in the United Kingdom

Overview

5

Investment landscape

6

Digital banks

8

Digital payments

8

Cryptocurrency

5

BNPL

4

Open banking

8

Further Content: You might find this interesting as well

Topics

Digital banks in the UKJPMorgan ChaseBanking industry in the U.S.Banking industry in CanadaLargest banks in the UK
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.
Menu