Monzo has surpassed 15 million customers, as it supports them across a growing range of demographics and needs - from saving pocket money for under 16s to investing, buying a home, insuring belongings and saving for retirement.

Less than a year after launching Monzo for Under 16s, the product has attracted more than 1 million customers, equivalent to around one in eight British children aged 6–15.¹ 

Today, 96% of teenagers spend money online, while nearly 60% of older teens receive their allowance digitally rather than in cash.² At the same time, over a third of teens feel unsure about managing money, increasing demand for tools that help build financial confidence early.³ Monzo’s kid-friendly features include budgeting tools and an animated Savings Sidekick mascot that makes saving more fun and helps build habits early on.

Monzo is also seeing significant traction with its wealth-building products, as customers increasingly turn to the digital bank for long-term financial planning. Following the expansion of its Investments offering with the introduction of 11 ETFs in 2025, more than half a million customers now invest with Monzo. The digital bank also helps over 140,000 customers consolidate their pensions, processing around 25,000 transfers a month - roughly one every two minutes. Tens of thousands of customers are actively building their pension through contributions, highlighting demand for a simple, quick and digital pension product that makes saving for retirement more accessible. 

The milestone follows Monzo’s recent announcement of the planned acquisition of digital mortgage broker Habito, as it moves to transform one of life’s most important financial moments - getting a mortgage. This builds on Monzo’s existing Homeownership feature, the UK’s first tool that connects any mortgage, which is already used by more than 550,000 customers to track their mortgage, home value, and find better deals.

Diana Layfield, Group CEO of Monzo, said: “Reaching 15 million customers is a huge milestone for Monzo. What’s even more exciting is that more people are choosing us for life’s biggest financial moments - from children taking their first steps with money, to customers buying a home or saving for retirement. We’re continuing to grow with our customers and welcoming younger generations to managing money the Monzo way.”