Analysis

November 28, 2022

Scammers ‘targeting neobank customers’ in the UK as fraud rates soar

Official data shows that fraud complaints about neobanks are increasing more quickly than customer acquisition


Picture: Stone/Shutterstock

Fraud complaints from customers of three of the UK’s biggest neobanks are at a three-year high, according to official UK data seen by Sifted. 

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A screenshot shared with Refundee by a scam victim, showing a fraudster encouraging them to open a Revolut account
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