22 Online banks

Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.

Axos Bank is an American federally chartered direct bank headquartered in San Diego, California. It is the main consumer brand of Axos Financial.

Bank Zero, registered with the South African Reserve Bank in 2018, is an exclusively digital mutual bank in South Africa. It offers banking to both individuals and businesses. Bank Zero joins other new banks in South Africa, such as TymeBank and Discovery Bank. Despite an original planned soft launch at the end of 2019, the bank is as of June 2021, conducting a closed rollout with beta testing, with a proposed launch date in mid-2021.

Bó was a banking brand that operated in the United Kingdom between November 2019 and May 2020. Bó operated as a trading division of National Westminster Bank, part of the Royal Bank of Scotland Group, later renamed NatWest Group.

Canadian Tire Services Ltd. (CTSL), doing business as Canadian Tire Bank, is the financial services subsidiary of the Canadian Tire retail chain. The bank is based in Oakville, Ontario, and has additional business operations in St. Catharines and Welland. Between 1968 and 2016, Canadian Tire Services Ltd. was known as Canadian Tire Financial Services Ltd..

Deutsche Kreditbank (DKB) is the second-largest Direct bank in Germany with 4,5 million customers, fully owned by the Bayerische Landesbank. In the year 2018 the company was on the 7th place together with the owner BayernLB in the List of the biggest banks in Germany.

Fidor Bank is a German online bank, founded in 2009. In 2015, it started a market foray into the UK.

First-e was a European online bank during the Dot-com bubble of 1999–2001. The company was based in Dublin, Ireland and employed 280 people, with 250,000 customers. It operated on a licence from French bank Banque d'Escompte, an innovation that allowed it to get around the usual difficulties faced by European banking startups. It launched with €200m in funding from various institutions including Intel, Morgan Stanley and Apax Partners and initially targeted the British market with a savings interest rate 2% higher than its high-street competitors, and gained 250,000 customers.

ING Bank (Australia) Limited is a direct bank operating in Australia. It is a wholly owned subsidiary of the multinational Dutch bank, ING Group. ING Australia holds an Australian banking licence as a foreign subsidiary company.

K Bank is an online bank based in South Korea. Its largest owner is the telecommunications company, KT Corporation.

Monzo Bank Ltd, is an online bank based in the United Kingdom. Monzo was one of the earliest of a number of new app-based challenger banks in the UK.

Meridian Credit Union Ltd. is a Canadian credit union. It was formed April 1, 2005 through the merger of Niagara Credit Union and HEPCOE Credit Union. It is insured by the Financial Services Regulatory Authority of Ontario.

Nemea Bank was a pan-European direct bank incorporated in Malta, providing banking and investment services to individuals, businesses, institutions and high net worth individuals based in the 31 countries of the European Economic Area (EEA). The bank is currently under administration and its license was withdrawn by the ECB on the 23rd March 2017.

Nubank is a Latin American neobank and the largest financial technology bank in Latin America. Its headquarters are located in São Paulo, Brazil. The company also has an engineering office in Berlin, Germany, and an office in Mexico City, Mexico.

Openbank is an online bank, headquartered in Madrid, Spain. Since its foundation in 1995, it has been a subsidiary of Grupo Santander. According to the Spanish Banking Association, by the end of 2016 nearly 1,350,000 accounts had been registered with the bank.

Pockit is a British financial technology company offering pre-paid spending cards, current accounts, and a range of other pseudo-bank financial services. The mobile-first service aims to make money simple for low-income 'unbanked' customers, with products and services tailored specifically for them.

Simplii Financial is the direct banking brand of the Canadian Imperial Bank of Commerce (CIBC). It was founded in 2017 following CIBC and the supermarket chain Loblaw Companies mutually deciding to end their 20-year joint venture of providing consumer banking services under the President's Choice Financial brand.

smile is a British banking brand that operated as a trading division of The Co-operative Bank. It started as the UK's first fully digital bank in 1999, offering full-service current accounts, savings, ISAs, investments and credit cards.

Starling Bank is a digital challenger bank based in the United Kingdom. It focuses on current and business account products. Headquartered in London, Starling Bank is a licensed and regulated bank, founded by former Allied Irish Banks COO, Anne Boden, in January 2014. Since its founding, it has received over £500m of funding. The company received its banking licence from the Prudential Regulation Authority and the Financial Conduct Authority in July 2016.

Tinkoff Bank, formerly Tinkoff Credit Systems is a Russian commercial bank based in Moscow and founded by Oleg Tinkov in 2006. The bank does not have branches and is considered a neobank. As of 2016, Tinkoff Bank has a credit rating of B+ on the Fitch Ratings and B2 on the Moody's Rating, and is the second largest provider of credit cards in Russia. Tinkoff is the world's largest digital bank, as measured by number of customers.

TymeBank is an exclusively digital retail bank based in South Africa.

ZUNO BANK AG is a defunct direct bank launched in 2010. It targeted people who conduct their banking activities mainly over the Internet and rarely visit bank branches. Slovakia was ZUNO's first market in the CEE region with the Czech Republic to follow. In 2017 the bank was closed. Its clients were moved to Tatra banka in Slovakia and Raiffeisenbank in the Czech Republic.