[lylo]

That's not true. They recently received a banking license (https://monzo.com/blog/2017/04/05/banking-licence/) and they have built their own platform (https://monzo.com/blog/2016/09/19/building-a-modern-bank-bac...).

[richardknop]

But monzo card is still just prepaid debit card. You don't get a current account.

That might change later this year when they roll out current accounts but for now it's just simple prepaid/travel debit card with mobile app.

Also not sure they have switched from WireCard yet? Last time I heard they have not switched all of their existing users to their own platform but perhaps they managed the transition already?