Analysis

July 8, 2025

UK neobanks double spending on staff, marketing and legal fees as sector booms

We pulled data from Monzo, Starling and Revolut’s latest annual report to understand how neobanks spend it


Tom Matsuda

4 min read

Picture: Stone/Shutterstock

The UK’s neobanks are upping spending on staff costs and marketing costs as the sector continues to mature, even as some corners of the industry face regulatory headwinds. 

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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