Already have a subscription?Sign In
Log in to see the full chart
Log in or register for a free account to get full, unrestricted access to this chart
Log in to see the full chart
May 1, 2021
UK Neobank Account Holders, by Company, 2021-2025 (millions)
Note
A digital-only bank is the brand with which the consumer engages, but may itself be a licensed bank (such as Ally Bank in the US, a legacy bank that moved into consumer banking with a digital-only product, Monzo in the UK, which is a startup that has acquired a banking license, and Tangerine in ... Canada, a digital-only subsidiary of legacy bank Scotiabank) or may have a partnership with existing licensed banks (such as Chime in the US, Revolut in the UK, and Koho Bank in Canada, which operate accounts through partnered licensed financial institutions).Methodology
Estimates are based on the analysis of data from respective bank corporate disclosures, reported and estimated non-interest expenses from major banks, estimates from other research firms, historical trends, GDP trends, technology expense trends, and macro-level economic conditions.Featured In
UK Neobank Emerging Features Benchmark 2021Monzo’s high customer-service ranking is much-needed good news Awash in cash for now, neobanks will need to show investors a new strategy UK P2P pioneer Zopa exits space to double down on banking servicesEuropean banks worried about neobank and fintech competitors are making their ownSources
Chart Title
UK Neobank Account Holders, by Company, 2021-2025 (millions)Publication Date
May 1, 2021
Sources
Featured In
UK Neobank Emerging Features Benchmark 2021Monzo’s high customer-service ranking is much-needed good news Awash in cash for now, neobanks will need to show investors a new strategy UK P2P pioneer Zopa exits space to double down on banking servicesEuropean banks worried about neobank and fintech competitors are making their ownTopics
Digital BankingFinancial ServicesMobile BankingConsumer Banking
Z-Internal
NeobanksUnited Kingdom