Number of customers at Monzo Bank Group 2019-2023
Monzo Bank, a UK-based digital bank, experienced significant growth in its customer base between 2018 and 2023. After receiving its full banking license in 2017, the total number of customers reached to 0.59 million in 2018. The number of customers more than doubled in 2020 when compared to the previous year, with a total of four million customers. As of 2023, Monzo had over seven million customers.