positive indicators. In the first two quarters of 2023, however, the ratio of customers gained dropped notably.
Established in 2015, Monzo is a UK-based retail bank that provides current accounts to individuals, limited companies, and sole traders. With no physical branches, Monzo is one of a growing number of disruptor or challenger banks that run accounts online through mobile apps. Between 2018 and 2022, Monzo increased its customer base steadily, along with displaying several other Ratio of customers gained by Monzo Bank in the United Kingdom (UK) from the 2nd quarter 2018 to 2nd quarter 2023
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Statistics
Statista. (October 24, 2023). Ratio of customers gained by Monzo Bank in the United Kingdom (UK) from the 2nd quarter 2018 to 2nd quarter 2023 [Graph]. In Statista. Retrieved June 11, 2024, from https://www.statista.com/statistics/755646/ratio-of-bank-customers-won-and-loss-by-monzo-in-the-united-kingdom/
Statista. "Ratio of customers gained by Monzo Bank in the United Kingdom (UK) from the 2nd quarter 2018 to 2nd quarter 2023." Chart. October 24, 2023. Statista. Accessed June 11, 2024. https://www.statista.com/statistics/755646/ratio-of-bank-customers-won-and-loss-by-monzo-in-the-united-kingdom/
Statista. (2023). Ratio of customers gained by Monzo Bank in the United Kingdom (UK) from the 2nd quarter 2018 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: June 11, 2024. https://www.statista.com/statistics/755646/ratio-of-bank-customers-won-and-loss-by-monzo-in-the-united-kingdom/
Statista. "Ratio of Customers Gained by Monzo Bank in The United Kingdom (Uk) from The 2nd Quarter 2018 to 2nd Quarter 2023." Statista, Statista Inc., 24 Oct 2023, https://www.statista.com/statistics/755646/ratio-of-bank-customers-won-and-loss-by-monzo-in-the-united-kingdom/
Statista, Ratio of customers gained by Monzo Bank in the United Kingdom (UK) from the 2nd quarter 2018 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/755646/ratio-of-bank-customers-won-and-loss-by-monzo-in-the-united-kingdom/ (last visited June 11, 2024)
Ratio of customers gained by Monzo Bank in the United Kingdom (UK) from the 2nd quarter 2018 to 2nd quarter 2023 [Graph], Statista, October 24, 2023. [Online]. Available: https://www.statista.com/statistics/755646/ratio-of-bank-customers-won-and-loss-by-monzo-in-the-united-kingdom/