The maddeningly opaque metrics of private fintech startups has been a source of frustration for years. Don’t get me wrong, I understand why companies would want to keep their numbers confidential; it’s just that it’s no fun for industry analysts.

But there are exceptions to the private world of digital banking metrics, usually numbers released when things are going particularly well. Here’s a rundown of recent reports:

Metric Company Date Product Sector Citation Market/HQ
Mexican challenger bank Stori hits 3 million customers Stori 7 Aug 2024 Digital bank Consumer Business Report Mexico
Argentine digital bank Uala hits 1.5 million customer Uala 7 Aug 2024 Digital bank Consumer Business Report Argentina
Nubank Mexico hits 7 million customers Nubank 7 Aug 2024 Digital bank Consumer Business Report Mexico
Monzo surpasses 10 million customers Monzo 6 Aug 2024 Digital bank Consumer UK Tech UK
Sofi says it has 8.7 million members as of 30 June 2024 Sofi 30 Jul 2024 Digital bank Consumer Company USA
Sofi originated $5.4B in loans in Q2 ’24, $4.2B personal, $740M student, $420M home Sofi 30 Jul 2024 Digital bank Consumer Company USA
Lunar has 900,000 consumer and small business customers Lunar 18 Jun 2024 Digital bank All Company Nordics
Chime estimated to have 22 million customers Chime 8 May 2024 Digital bank Consumer Cornerstone USA
Sofi estimated to have 5.3 million banking customers Sofi 8 May 2024 Digital bank Consumer Cornerstone USA
Varo Money estimated to have 4.4 million customers Varo Money 8 May 2024 Digital bank Consumer Cornerstone USA
Dave estimated to have 4.1 million customers Dave 8 May 2024 Digital bank Consumer Cornerstone USA
Current estimated to have 2.2 million customers Current 8 May 2024 Digital bank Consumer Cornerstone USA
MoneyLion estimated to have 1.5 million customers MoneyLion 8 May 2024 Digital bank Consumer Cornerstone USA
Nubank surpasses 100 million customers Nubank 8 May 2024 Digital bank Consumer Pymnts LATAM
Revolut hits 40 million customers, up 10 million in 9 months Revolut 15 Mar 2024 Digital bank Consumer Company Europe
Paypal has 427 million customers in Q1 2024 Paypal 30 Mar 2024 Payments All Statista Worldwide
Zelle processes 3 billion transactions worth $806 billion, both up 28% YOY Zelle 4 Mar 2024 P2P payments Consumer PaymentsDive USA
Zelle had 2.9 million fraud transactions, 10 basis points of volume Zelle 4 Mar 2024 P2P payments Consumer PaymentsDive USA
Adyen passed $1 trillion (€970 billion) in payments volume for the first time, up 26% YOY Adyen 8 Mar 2024 Payment processing Business Annual Report USA
Dave added 683,000 new members Dave 5 Mar 2024 Banking Consumer Annual Report USA
Dave increased monthly active members to 2.1 million, up 11% YOY. Dave 5 Mar 2024 Banking Consumer Annual Report USA
Dave’s transactions per active member grew to 6.4, up 24% YOY Dave 5 Mar 2024 Banking Consumer Annual Report USA
Dave debit card spend increased to $369 million, up 41% YOY Dave 5 Mar 2024 Banking Consumer Annual Report USA
Dave loan originations increased to $1.0 billion, up 29% YOY Dave 5 Mar 2024 Banking Consumer Annual Report USA
Dave 28-Day delinquency rate improved 2.19%, down 139 BP (1.39%) Dave 5 Mar 2024 Banking Consumer Annual Report USA
French challenger Qonto has 450,000 SMB clients Qonto 27 Feb 2024 Banking SMB Sifted France
WeBank has 370 million consumer customers and 4.1 million SMBs Webank 31 Jan 2024 Banking All Company China
Bunq hits 11 million accounts in Q4 2023 Bunq 30 Jan 2024 Banking Consumer Dutch News Europe
PayTM surpasses 100 million active users in Q4 2023 PayTM 22 Jan 2024 Payments Consumer Livemint India
Inter hits 30 million customers Inter 23 Dec 2023 Banking Consumer FintechNexus Brazil
N26 has a reported 9 million customers N26 7 Nov 2023 Banking Consumer Brazillian Report Europe
Wise reaches 16 milliion customers Wise 1 Mar 2023 Remittances Consumer Company Worldwide

Source: Compiled by Fintech Labs, 14 Aug 2024