The total number of Help to Save accounts has increased by 46% between February and July 2019, according to the latest figures from HM Revenue & Customs.
The figures showed more than 41,000 accounts were opened in the five-month period earlier this year, taking the total number to more than 132,000.
HMRC said around 100,000 individuals have now made a deposit to their account with the average deposit per person per month remaining at £47 - just £3 under the maximum a deposit can be. However, there were still almost 32,000 accounts that are yet to have received a deposit whatsoever.
In addition, the total deposits made into the scheme in the six-month period exceeded £18m, a 36% increase on the first thirteen months of the scheme.
AJ Bell personal finance analyst Laura Suter said the scheme was championed by the government as a way to help low-paid people to put money away but has "suffered from a lack of publicity and government backing".
She added: "Then-chancellor George Osborne hailed it as a way to improve the lives of the poorest in society, but subsequent delays to its launch and changing governments mean it has been forgotten."
Brooks Macdonald has bought Edinburgh-based wealth and asset manager Cornelian Asset Managers for a fee of up to £39m.
Demerger expected to complete in Q1 2020