Founded in 2015, Monzo Bank has emerged as one of the leading digital banks in the United Kingdom (UK). Between 2018 and 2024, both loans and advances to customers and customer deposits to Monzo Bank experienced an upward trend. This was mainly due to the increasing number of customers during this period. In 2024, customer deposits reached 11.2 billion British pounds, while loans and advances to customers amounted to 1.2 billion pounds.
Value of customers deposits at Monzo Bank from 2018 to 2024
(in million GBP)
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Monzo. (May 31, 2024). Value of customers deposits at Monzo Bank from 2018 to 2024 (in million GBP) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/?__sso_cookie_checker=failed
Monzo. "Value of customers deposits at Monzo Bank from 2018 to 2024 (in million GBP)." Chart. May 31, 2024. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/?__sso_cookie_checker=failed
Monzo. (2024). Value of customers deposits at Monzo Bank from 2018 to 2024 (in million GBP). Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/?__sso_cookie_checker=failed
Monzo. "Value of Customers Deposits at Monzo Bank from 2018 to 2024 (in Million Gbp)." Statista, Statista Inc., 31 May 2024, https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/?__sso_cookie_checker=failed
Monzo, Value of customers deposits at Monzo Bank from 2018 to 2024 (in million GBP) Statista, https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/?__sso_cookie_checker=failed (last visited January 24, 2025)
Value of customers deposits at Monzo Bank from 2018 to 2024 (in million GBP) [Graph], Monzo, May 31, 2024. [Online]. Available: https://www.statista.com/statistics/1118161/customer-loans-and-deposits-for-monzo-bank-united-kingdom/?__sso_cookie_checker=failed
