Number of customers at Monzo Bank Group 2019-2024

Published by Statista Research Department, Jul 31, 2024

Monzo Bank, a UK-based digital bank, experienced significant growth in its customer base between 2018 and 2024. After receiving its full banking license in 2017, the total number of customers reached to 0.59 million in 2018. By 2020, the customer base had more than doubled compared to the previous year, with a total of four million customers. In 2024, the bank had a total of 9.7 million users, which was the highest number since its establishment.

Total number of customers at Monzo Bank Group from 2018 to 2024 (in millions)

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Release date

May 2024

Region

United Kingdom

Survey time period

2018 to 2024

Supplementary notes

Figures prior to 2023 were collected from previous publications by the source.

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