Established in 2015, Monzo Bank is a United Kingdom (UK) based retail bank that provides current accounts to individuals, limited companies and sole traders. With no physical branches, Monzo Bank is one of a growing number of disruptor or challenger banks which run accounts online through mobile apps. In the year ending February 2023, Monzo had customer deposits exceeding 5.94 billion British pounds, roughly 1.5 billion British pounds more than in the previous year.
Value of customers deposits at Monzo Bank from 2018 to 2023
(in million GBP)
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Deposits in million GBP
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Monzo. (May 30, 2023). Value of customers deposits at Monzo Bank from 2018 to 2023 (in million GBP) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/
Monzo. "Value of customers deposits at Monzo Bank from 2018 to 2023 (in million GBP)." Chart. May 30, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/
Monzo. (2023). Value of customers deposits at Monzo Bank from 2018 to 2023 (in million GBP). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/
Monzo. "Value of Customers Deposits at Monzo Bank from 2018 to 2023 (in Million Gbp)." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/
Monzo, Value of customers deposits at Monzo Bank from 2018 to 2023 (in million GBP) Statista, https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/ (last visited July 22, 2024)
Value of customers deposits at Monzo Bank from 2018 to 2023 (in million GBP) [Graph], Monzo, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/