The number of customers using the block has more than doubled in the past year.
Image source: Aidan Howe/Unsplash
Monzo first introduced its gambling block functionover two years agoin June 2018.
To date, just shy of 223,000 customers, or roughly five per cent of Monzos total customer base, have enabled the gambling block in the Monzo app, the digital bank toldAltFi.
Meanwhile,justeight per cent of customerswho activated the block laterdisabled the feature.
When the digital bank first announced the introduction of the gambling block, it estimated thatroughly 5,000 of its userswould be identified as problem gamblers, under research from industry bodyGambleAware.
The block, when activated, lets usersstop transactions to bo…
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