What Kroo is and who it suits best Kroo is a fully licensed UK bank, not a fintech operating on someone else’s banking licence. That distinction matters more than it sounds. The bank holds its own authorisation from the Financial Conduct Authority, which means it can take deposits in its own right and pass on … Read more
What is Starling Current Account and who is it for? Starling Bank launched in 2014 as one of the first fully licensed digital banks in the United Kingdom, regulated by the Financial Conduct Authority and authorised by the Prudential Regulation Authority. It is not a fintech wrapper or e-money institution. It is a genuine bank, … Read more
What Marcus is, and who it suits Marcus is the consumer savings brand of Goldman Sachs, launched in the UK in 2018 as a straightforward online-only easy-access savings account. There are no current accounts, no debit cards, no loans. The proposition is deliberately narrow: deposit money, earn interest, withdraw when you want. That clarity is … Read more
Overview: what Starling Business Account is and who it suits Starling Bank launched its business current account in 2018, and it has since become one of the most widely used digital business accounts in the United Kingdom. Unlike many challenger banks that hold an e-money licence, Starling is a fully authorised UK bank regulated by … Read more
What Monzo is and who it suits Monzo launched in 2015 as a prepaid card experiment and grew into one of the UK’s most recognisable digital banks. Today it holds a full UK banking licence granted by the Prudential Regulation Authority, meaning your deposits sit inside the Financial Services Compensation Scheme up to £85,000. That … Read more