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Share of British adults who opened an account with an online-only bank from 2019 to 2023

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Source

Release date

February 2023

Region

United Kingdom (Great Britain)

Survey time period

2019 to 2023

Supplementary notes

The source does not provide notes on methodology.

Citation formats

Adoption rate of digital-only banks in Great Britain from 2019 to 2023

Published by K. Scholle, Feb 22, 2023

The adoption of online-only banks in Great Britain increased considerably between 2019 and 2023, despite a slight drop in 2023. In 2022, over * of British adults opened an account with a bank that provided only online services. On the other hand, the share of respondents who had an account with a digital-only bank in 2023 was ** percent.

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