Number of customers at selected digital banks in the UK 2024

Published by Statista Research Department, Jan 29, 2025

Revolut, the London-based digital bank, has seen remarkable growth from 1.5 million customers in February 2018 to 50 million in November 2024, making it the UK's most popular digital bank. Wise ranked second with 12.8 million customers, while Monzo reached 9.3 million customers as of March 2024.

Number of customers at selected digital banks in the United Kingdom (UK) in 2024 (in millions)

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Release date

January 2025

Region

United Kingdom

Survey time period

2024

Supplementary notes

This statistic was compiled by Statista. Figures were collected from press releases, annual reports, and quarterly performance reports. As of compilation, the most recent available information was used as of January 2025, acknowledging that reporting dates vary across different banks, with some data points being more current than others.

Note on user metrics: Digital banks report customer numbers using varying methodologies. Some banks count total registrations, which include all accounts ever created, while others report monthly active users (MAU) or customers with verified accounts. These differences can significantly impact reported user numbers, making direct comparisons between banks challenging. 

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