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.

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 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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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....
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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...
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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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Its name suggests that it’s revolutionary. It also makes it sound like a vodka brand. For frequent travelers and those with friends overseas, this may be the ideal. First Glance There...
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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 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 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...
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When you’re first starting out with your own business or start-up, it’s often tempting to just use your own personal bank account for your finances. It’s easy, doesn’t cost any...
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About Shawbrook Shawbrook is a commercial and retail bank based in the United Kingdom. Until 2017 it was part of Shawbrook Group PLC but was acquired in July 2017 by a...
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