After 2008 financial crisis, the Bank of England started to simplify the licensing restrictions and lower the capital requirements that would eventually open the door for a new breed of digital-first, mobile-only fully functional banks. Since then the fintech startup scene in London is booming for the last few years.
This is not going to be a review but only introduce to you a few UK based digital challenger banks currently visible on the market. Some of them already pretty matured and others might not be publicly released. Feel free to try them out yourself and I look forward to hearing what you think.