Number of open banking users in the UK 2019-2024

Number of open banking users in the United Kingdom (UK) from 2019 to 2024 (in millions)

In December 2024, the number of active open banking users in the United Kingdom surged to 12 million, up from approximately eight million at the end of 2023. Open banking enables third-party financial services providers to access consumer banking and financial data through APIs, facilitating enhanced financial services and data sharing between institutions.
Source: AltFi; Open BankingCreated with Datawrapper