Case Study: Monzo achieves seamless, scalable investment migration with Seccl

Monzo migrates 300,000+ accounts in 5 months with Seccl

Monzo, a UK digital bank, needed a modern and resilient investment infrastructure to scale its investment and pension services for millions of customers. The challenge was to migrate hundreds of thousands of existing accounts without disruption while supporting a fast-paced product roadmap. To achieve this, Monzo partnered with the technology provider Seccl to power its investment proposition end-to-end.

Seccl executed a seamless, high-profile migration of over 300,000 accounts in just five months, processing a massive increase in transaction volume with exceptional stability. The vendor also enhanced Monzo's transfer operations with significant automation, leading to a 15x increase in monthly transfer volumes. Thanks to the solution from Seccl, transfer completion times fell to well below industry norms, unlocking Monzo's ability to launch new features rapidly and safely.

Monzo