Features, Benefits and How it Works
W1TTY is a neobank based in the UK, specifically designed to cater to young users, including students and early career professionals.
It operates as an Electronic Money Institution (EMI) and has received regulatory approval from the Financial Conduct Authority (FCA) in the UK and from Lithuania, enabling it to offer services across the European Economic Area (EEA).
Overall, the platform emphasizes transparency, flexibility, and user-friendly design, making it particularly appealing to the tech-savvy younger demographic. Additionally, W1TTY may incorporate innovative features like cryptocurrency services, aligning with contemporary financial trends.
Founded: 2019
Headquarters: London, UK
Users: +150,000 thousand
Countries available: United Kingdom and European Economic Area (EEA)
Account plans: prepaid debit card for personal users