No more waiting list!

That’s fantastic news. :tada:
I too am looking forward to seeing which direction you take with the Golden Tickets. :tickets::sparkles:

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So how many cards can Monzo now process per day?

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Does this mean capacity has increased or demand is tailing off? Or both?

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Seems to be just under 10K cards per 24hrs max.

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I’ve noticed that the sign up/download page still references a waiting list

They seem to be adding around 1.8K a day as an average over the past 2 weeks (including weekends). I think it’s really impressive.

https://publicstats.itxdev.uk/dashboard/db/monzo-current-acc?orgId=1&refresh=5m

You can select a date range, previous week, previous month etc. And then half way down the page it shows the average daily activations. Obviously now the prepaid has closed the figure will be lower than about a month ago where people were still upgrading.

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In that case, it is slowing down. It was around 7k in February if I remember rightly

Don’t forget that included people upgrading. Now it’s purely new customers.

If my rough maths is right…
Using the link I posted above along with the average percentage of cards produced for new customers on the same week

I get the number of new customers signing up each day on average as 2K for the 2nd week of March.
If that is roughly right then new customer demand hasn’t really changed besides normal fluctuations.

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Well… “At our peak we sent out over 5,000 cards in one day from the office.”

But yeah, either way slowing down, but still impressive numbers. The 600k+ Monzo has mainly consist of adopters imo.

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Awesome! I’ve been racking my brain trying to figure out who to give away my golden ticket to … I guess that’s one leas worry - Thanks monzo team :sunglasses:

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Fantastic News! Thank you team for making :monzo: even more accessible to new customers. I’ve not seen any bank/account as widely discussed (pubs,workplace,friends) as Monzo!

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My app is permanently stuck on ‘You’ll get another golden ticket soon!’ and has been for about 3 months now!

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Mines also been like this, I’ve had to ask cops to generate them for me in the past

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Went to get my haircut today. Paid with Monzo via Apple Pay. The person behind the desk said “ooo that’s Monzo isn’t it? I’ve heard of that although there’s a huge waiting list :pensive:” their face instantly changed when I told them it’s now gone. They are going to download it tonight. :clap:t3:

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Was it ever huge? I thought only a week

In the early days it was longer - plus it froze for a while while they were doing the current account migrations.

:pray: Thank you, Jack!

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@cookywook

Do you know what will become of the Golden Ticket system? I have the message that I’ll get another Golden Ticket soon.

Not sure yet! It’s still a fun way to invite your friends. Open to suggestions for other uses for it!

Perhaps your golden ticket invitees can have a golden circle around them in the contacts screen? Showing the influence and contacts you’ve introduced to the app in a very pleasing and obvious style

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