Date: 9 July 2019
Disclosure:
New UK start up banks authorised since 2010 as at 1 June 2019:
Bank
Atom Bank Plc
BFC Bank Limited
Charter Court Financial Services Limited
Chetwood Financial Limited
Civilised Bank Limited*
ClearBank Limited
First Global Trust Bank Plc*
Focus FS Limited / Monzo Bank Limited
GE Capital Bank Limited*
Hampden & Co Plc
Masthaven Bank Limited
Metro Bank Plc
OakNorth Bank Limited
OneSavings Bank Plc
Paragon Bank Plc
PCF Bank Limited
Redwood Bank Limited
Starling Bank Limited
Tandem Bank Limited **
Virgin Money
Zopa Bank Limited
* This firm is no longer authorised
** In January 2018, Tandem Money Limited acquired the entity previously named Harrods Bank Limited (‘HBL’) and changed HBL’s name to ‘Tandem Bank Limited’. The entity now known as Tandem Bank Limited has therefore been authorised since prior to 2010. However we include reference to Tandem Bank Limited in the list above because Tandem Money Limited was granted authorisation as a start up bank in 2015. Tandem Money Limited no longer holds a deposit-taking permission.
The New Bank Start-up Unit pages on our website provide information and support for those thinking of setting up a new bank in the UK.