September 30, 2020 | technology | No Comments
- This is a preview of Business Insider Intelligence’s inaugural annual UK Neobank Competitive Edge Study, available exclusively to Enterprise subscribers.
- In addition to mobile banking coverage, Insider Intelligence publishes thousands of research reports, charts, and forecasts on the banking industry. You can learn more about becoming a client here.
Monzo offers the most sought-after mobile banking tools among the UK’s largest neobanks in 2020, according to Business Insider Intelligence’s inaugural UK Neobank Competitive Edge Study.
The UK is home to some of the world’s largest and most advanced digital-only challenger banks, led in user count by Starling Bank, Monese, Revolut, and Monzo.
In the past few years, these banks have grown to over a million users each, putting them in competition with the nation’s largest banks and building societies. One of the key factors behind neobanks’ rapid growth is their advanced mobile feature sets.
Business Insider Intelligence’s 2020 UK Neobank