Online Only & Digital Banks

With no physical branches and generally no telephone banking, online-only banks are accessible only via smartphone, computer and other digital devices. These banking services are fast, free and paperless, making them ideal for paying bills and transferring money quickly and conveniently. Most new banks are online or app-only; find out more about them below.

About Triodos Triodos is an ‘ethical’ bank based in the Netherlands. It also has branches in Germany, Belgium, Spain and the United Kingdom. The name ‘Triodos’ means ‘three-way...
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Winning Britain's Best Bank from 2018 until 2021, and Best Current Account Provider from 2018 until the most recent in 2022, Starling is arguably amongst the biggest and most well-known...
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Describing itself as a ‘100% mobile, multi-award-winning current account provider’, Monese offers bank accounts that you can open ‘in minutes’. Does Monese make money easy, as their...
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About Zopa Bank Zopa is a British financial services company based in Buckinghamshire. It was founded in 2004 by a team from Egg internet bank and officially launched in 2005. Originally...
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Pocket money has evolved from the days of handing out spare change for doing chores around the house. The latest (and easiest) way to manage and keep track of your children’s finance...
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About Wyelands Bank Wyelands bank is a bank for small and medium-sized businesses in the UK. It began life in 2016 when it was acquired by entrepreneur Sanjeev Gupta through a family...
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About PCF Bank PCF Bank was founded in 1993. Based in London, United Kingdom, the company offers a wide portfolio of personal and business banking services. Originally established...
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About Fidor German online-only bank Fidor was founded in 2009, expanding into the United Kingdom in 2015. The bank was opened as an attempt to restore customers’ confidence in banking...
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About Loot Loot is a financial services company based in the UK, founded in 2014 by then-student Ollie Purdue. It offers a digital-only current account specifically aimed at students...
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About Tide Tide is a new challenger bank headquartered in London. It is a digital-only bank offering business banking services to companies registered in the UK. The primary...
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About Masthaven Bank Masthaven Bank was founded in 2004. At that time, the company only offered secured lending and bridging loans. After receiving a banking licence in 2016, Masthaven...
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About Oaknorth Bank Oaknorth is a UK bank founded in 2015 by Joel Perlman and Rishi Khosia, founders of Copal Amba. They were inspired to start the company after coming up against challenges...
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