Monzo estimated customer growth 2018-2025

Published by Statista Research Department, Nov 27, 2024

Monzo, a pioneering digital bank based in the United Kingdom, offers current accounts to individuals, limited companies, and sole traders. Between 2018 and 2024, the bank experienced consistent growth in its customer base, reaching a notable milestone of 9.7 million customers in March 2024. Based on its current growth trajectory, Monzo is projected to expand its customer base to approximately 14 million by the end of 2025.

Estimated monthly customer growth of Monzo Bank from 2018 to 2025 (in millions)

© Statista 2025
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 November 2024

Supplementary notes

Figures have been estimated by Statista using customer milestones announced in annual reports. The last officially announced customer count was 9.7 million, announced in March 2024. 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: 

  • 7.5 million in May 2023
  • 6 million in March 2022
  • 5million in February 2021
  • 3.9 million in February 2020
  • 2 million in February 2019
  • 750,000 in February 2018

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Digital banks "

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 Digital banks

Overview

8

Industry performance and market size

3

Leading bank performance and benchmarking

7

Assets and profit development of leading banks

8

Current customer metrics

6

Estimated customer growth of leading banks

8

Opinions

8

Further Content: You might find this interesting as well

Topics

Digital banksDigital payments in PolandMobile payments with digital walletsBanking industry in the U.S.Banking industry in Canada
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.