
A new analysis of finance, fintech and crypto apps on the Google Play Store by SplitMetrics, has found that UK neobanks have surpassed UK legacy banks in terms of app downloads for the very first time ahead of the festive season.
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As it stands, UK neobanks have an estimated 71.78m Android users, 200k ahead of UK legacy banks with 71.58m users. In 2024 so far, UK neobanks have added an estimated 18.6m users, UK legacy banks 7.5m, European neobanks 2.9m
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