In February 2018, the London-based app-only bank, Revolut, announced that they hit 1.5 million customers, a figure that grew to 25 million by November 2022 and to 35 million by November 2023. With this exceptional customer base, Revolut is the most commonly used digital bank in the UK. In 2023, Monzo ranked second, with 7.5 million customers announced in May. Starling Bank followed with a customer base of 3.6 million as of March 2023.
Number of customers at selected digital banks in the United Kingdom (UK) in 2023
(in millions)
Figures have been collected by Statista from company announcements, press releases, and annual reports. Reference dates are different for each bank. In some cases, no specific reporting date is available (only the year).
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Statista. (January 10, 2024). Number of customers at selected digital banks in the United Kingdom (UK) in 2023 (in millions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1445712/uk-online-bank-customers-by-bank/
Statista. "Number of customers at selected digital banks in the United Kingdom (UK) in 2023 (in millions) ." Chart. January 10, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1445712/uk-online-bank-customers-by-bank/
Statista. (2024). Number of customers at selected digital banks in the United Kingdom (UK) in 2023 (in millions) . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1445712/uk-online-bank-customers-by-bank/
Statista. "Number of Customers at Selected Digital Banks in The United Kingdom (Uk) in 2023 (in Millions) ." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/1445712/uk-online-bank-customers-by-bank/
Statista, Number of customers at selected digital banks in the United Kingdom (UK) in 2023 (in millions) Statista, https://www.statista.com/statistics/1445712/uk-online-bank-customers-by-bank/ (last visited November 21, 2024)
Number of customers at selected digital banks in the United Kingdom (UK) in 2023 (in millions) [Graph], Statista, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/1445712/uk-online-bank-customers-by-bank/