As of February 1st, 2021, open banking products were used by more than 3 million consumers and businesses across the United Kingdom (UK). For one third of consumers, open banking enabled personal finance tools were downloaded for use. The next most downloaded products were bank account aggregator tools with 19 percent and product comparison products with 8 percent.
Share of app store propositions of open banking products for consumers in the United Kingdom as of February 2021, by app type
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Open Banking. (February 22, 2021). Share of app store propositions of open banking products for consumers in the United Kingdom as of February 2021, by app type [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1211857/share-of-app-store-open-banking-downloads-by-consumers-united-kingdom/
Open Banking. "Share of app store propositions of open banking products for consumers in the United Kingdom as of February 2021, by app type." Chart. February 22, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1211857/share-of-app-store-open-banking-downloads-by-consumers-united-kingdom/
Open Banking. (2021). Share of app store propositions of open banking products for consumers in the United Kingdom as of February 2021, by app type. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1211857/share-of-app-store-open-banking-downloads-by-consumers-united-kingdom/
Open Banking. "Share of App Store Propositions of Open Banking Products for Consumers in The United Kingdom as of February 2021, by App Type." Statista, Statista Inc., 22 Feb 2021, https://www.statista.com/statistics/1211857/share-of-app-store-open-banking-downloads-by-consumers-united-kingdom/
Open Banking, Share of app store propositions of open banking products for consumers in the United Kingdom as of February 2021, by app type Statista, https://www.statista.com/statistics/1211857/share-of-app-store-open-banking-downloads-by-consumers-united-kingdom/ (last visited December 23, 2024)
Share of app store propositions of open banking products for consumers in the United Kingdom as of February 2021, by app type [Graph], Open Banking, February 22, 2021. [Online]. Available: https://www.statista.com/statistics/1211857/share-of-app-store-open-banking-downloads-by-consumers-united-kingdom/
