I’d be surprised if even 50% of those are active.
If it includes closed accounts then at least 4 of those are mine… (queue the outrage!).
I’d be surprised if even 50% of those are active.
If it includes closed accounts then at least 4 of those are mine… (queue the outrage!).
Is there an official definition of “active” in the banking circles or can you make it any criteria you want?
@jo Hang up the phone! They aren’t going to tell you how many active customers they have…
And just for completeness feels bad to leave out BOS from the photos.
However, I have just spotted that each site uses a different term for logging on to online banking. Seems a strange thing to not be consistent across the group
Halifax had two figures at one point. Or maybe Lloyds, can’t remember.
If your number was over 11 million in May, when only 9 million were using Monzo, it shows they’d already effectively lost 2 million customers by that point. Also, “using Monzo” could mean anything. It could include customers with no other bank account who use it for their wages and all their bills, and also those who only use it as an occasional spending card.
Or like me, it’s sat there doing nothing.
If it wasn’t my oldest account I’d probably close it.
$5.9 billon valuation = £4.75 billion?
TS - don’t worry about the IPO, take your time and do it right … just drop me a special dividend in the meantime yeah?
Excellent find! Thanks for sharing @chrisdalziel
I thought it was significant enough for its own topic (sorry @Revels !)
My summary and thoughts over here:
Just saw the new Monzo advert with First Dates and it is truly terrible. What were they thinking when they made that?
It involves moving pictures
It’s a clip from first dates but edited so they are talking about Monzo. Can’t even remember what they were saying. Probably the worst banking advert I’ve seen and just makes them look unprofessional. It’s clearly meant to be “fun” but really isn’t what I’d want from a bank.
Glad I’ve not seen it yet either then
It’s fine, by all accounts those ads had the best pick up, and no wonder they are repeating them. They are fun.
Isn’t the whole campaign been the opposite of what you want from a bank ad, it’s not expensive CGI horses running round to a voice over by someone’s gran.
Obviously they may be viewed as more successful with other people. Just giving my views on it considering I will likely be in the target age range for them.
I agree. We played awful.
You’re talking about the football now, right?
Well different outlooks I suppose, I don’t get all ‘cringy’ over a TV ad for example.
They went down well when initially shown back when the campaign launched, along with the Joel Dommett/Mark Pougatch ones on ITV, and as AJ Coyle has said, they did an effective job when shown, so hence the rerun.
But you’re all talking about it …