4 ms·
What about Monzo or Starling in the UK? What is the grumpy old bank behind them?
by sefrost 4y ago
What about Monzo or Starling in the UK? What is the grumpy old bank behind them?
- deleted 4y ago[deleted]
- 0x457 4y agoLiterally on index page: This website is operated by Monzo Inc. Monzo reserves the right to restrict or revoke any and all offers at any time. The Monzo mobile banking app facilitates access to banking services through *Sutton Bank*, Member FDIC. The Monzo Mastercard Debit Card is issued by Sutton Bank, pursuant to a license from Mastercard International Incorporated. Monzo accounts are FDIC insured up to $250,000. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. That's for the US branch. Monzo in the UK is a real bank. > Starling Bank That one is an actual bank. In the UK, it's easier to open a real bank, than in the US. Bank of England has a special division dedicated to guiding "small" companies in becoming a real bank.