Top UK Fintech Apps Disrupting the Traditional Banking Norms
MAR 28, 2025
Every day, Fintech firms in the UK race against the clock to offer secure, smooth, and customer-centric financial services that can outpace traditional banking institutions. However, the bigger issues for business owners like you are offering novel features in a user-friendly fintech app, maintaining financial data privacy, and building long-term trust with customers.
When building secure digital wallet apps, investment management apps, and fintech apps that make cross-border payments easy, Webelight Solutions, our fintech app development company, understands your intricate struggle to deliver the functionalities smoothly and your goal to maximize user retention. We have worked with several businesses like yours to develop high-quality mobile applications that outperform the traditional and cluttered mobile apps.
Having said that, let’s have a look at how the top UK fintech apps are changing the map of the UK fintech industry by disrupting traditional banking models and offering innovative financial services.
Top 10 Fintech mobile apps in the UK
1) Revolut
Revolut is one of the best fintech apps in the UK region and the go-to choice for travellers and investors. It supports 120 currencies and allows you to transfer your money in 29 currencies. It gives users access to prepaid debit cards, peer-to-peer payments, currency exchange, and cryptocurrencies. The mission of Revolut is to make financial management easy for its customers. This financial management app in the UK allows businesses to manage, save, and invest money with no foreign transaction fees. It has earned recognition as the “Consumer Finance App of the Year” and is the most downloaded user-friendly fintech app in 9 countries.
- Founded in:- 2015
- User base:- Over 50 million
- Category:- Financial management app in the UK
2) Monzo
Known as “A bank that lives on your phone”, Monzo is a mobile banking app in the UK that gives its users complete control over their finances. Monzo allows you to open personal and business accounts in just 10 minutes without any overdraft fees and ensures your deposits are protected with FDIC insurance. You can schedule your bills, receive paydays early, and avoid travel fees by using their debit or credit cards. Monzo's “Pots” feature lets you separate your spending and savings and earn interest on your savings. Monzo was also awarded the Best Credit Card at the 2024 Card & Payment Awards.
- Founded in:- 2015
- User base:- Over 10 million
- Category:- Mobile banking app in the UK
3) Wise
Formerly referred to as TransferWise, Wise is a cross-border payment app in the UK that provides cross-border transactions in over 160 countries. Users can hold up to 40 currencies in their accounts, convert them with low fees, and get paid like a local by receiving account details from the UK, the EU, Australia, and other regions. They don’t have to convert the currency traditionally as Wise uses peer-to-peer technology to match the transfers. Apart from that, Wise also offers options to invest in assets like interest-bearing accounts or stocks. Businesses can use Wise to connect with platforms like Amazon, Stripe, and Xero and get paid by their clients.
- Founded in:- 2011
- User base:- Over 16 million
- Category:- Cross-border payment app in the UK
4) Starling Bank
Starling is a quick, fair, and customer-centric finance and budgeting app in the UK and is considered one of the best business banking providers. As one of Britain’s best banking brands, it is well-known for its zero-fee structure and commitment to transparency and fairness. You can spend abroad without exchange rate markups and receive notifications in local currency and GBP. Starling’s AI-driven spending insights tool tracks cash flow, and a virtual pot system called “Spaces” separates and organizes funds for different goals. “Easy Saver” is one of its award-winning features that gives a 4.00% AER interest in savings with no deposit and no penalties.
- Founded in:- 2014
- User base:- Over 4.2 million
- Category:- Finance and budgeting app in the UK
5) Zopa
Next on the list of the top 10 fintech mobile apps in the UK is Zopa, a multi-award-winning loan-lending mobile application in the UK that helps users save, budget, borrow, and bank. You can open a current account on its platform in just 5 minutes. Borrowing with Zopa is equally convenient, as it comprises tools for loans, credit cards, and car financing. It gives you a bunch of saving options like easy access, fast internet, and cash ISAs. Its saving features have helped Zopa earn the title of Moneynet’s Best Savings App for two consecutive years. Even the British Bank Awards has recognized Zopa’s excellence in personal lending and awarded it the Best Personal Loans Provider for 2024.
- Founded in:- 2005
- User base:- Over 1.3 million
- Category:- Loan-lending mobile application in the UK
6) Plum
Plum is a secure investment management mobile app in the UK where you can grow your savings with the help of accessible investment options. It comprises various useful tools for improving budgeting, saving, and investing and lets you link your bank accounts and credit cards with the platform. It offers unlimited commission-free stock trading with access to up to 3000 US company stocks, and this list contains big names like Amazon and Tesla. The integration of Plum with credible UK banks like Barclays and HSBC has made it a more accessible tool for managing finances.
- Founded in:- 2016
- User base:- Over 2 million
- Category:- Investment management mobile app in the UK
7) Free trade
Like Plum, Freetrade is also a UK-based investment management app that lets you choose from different account types like General Investment Account (GIA), a Stocks and Shares ISA, and a Self-Invested Pesonal Pension (SIPP). You can use automatic investments and access low-risk, government-backed instruments such as UK Treasury bills. The “Direct Debit” and “recurring orders” features simplify the process for investing in global stocks and ETF. Freetrade offers access to over 6200 stocks and ETFs from the UK, US, and Europe, and has earned several accolades like the Best Online Trading Platfrom, held for six consecutive years.
- Founded in:- 2018
- User base:- Over 1.6 million
- Category:- UK-based investment management app
8) Chip
Chip is a wealth management mobile app in the UK that lets you set multiple goals for a rainy day, a house, or holidays. It features accounts provided by UK-authorized banks, and all eligible deposits are protected under the Financial Services Compensation Scheme. Through this app, you can participate in a Chip Prize Savings account, where holding a balance of at least £100 is enough to enter monthly prize draws. You can invest funds from prominent asset managers like BlackRock, Vanguard, and Invesco. Chip has earned numerous accolades, including being crowned Personal Finance App of 2022 at the British Bank Awards.
- Founded in:- 2016
- User base:- Over 500,000
- Category:- Wealth management mobile app in the UK
9) Moneybox
Moneybox is a savings manager and personal finance app in the UK that helps individuals, regardless of age or gender, control their finances and track their goals. You can create an unlimited number of personalized “money boxes” on this platform and save up for a car, home, education, or travel plans. With a minimalistic design, it is basically a set of digital piggy banks that can be named and customized with colours and icons. The app also provides educational content to help users improve their financial literacy. In a nutshell, Moneybox's mission is to change how people think about money and help them manage their finances.
- Founded in:- 2015
- User base:- Over 1 million
- Category:- Personal finance app in the UK
10) Tide
Tide is a business banking app in the UK helping small businesses, sole traders, freelancers, and entrepreneurs with more seamless mobile banking solutions. The app allows you to issue up to 50 team Expense cards and set individual spending limits. With a motto of “do what you love”, it gives you a free UK business bank account with no monthly fees, a competitive savings rate, and easy accounting features. Business owners can easily create and send personalized invoices, track and match payments, and use payment links to receive instant payments. These bank accounts created through Tide are secure and regulated by the FCA and the PGA.
- Founded in:- 2015
- User base:- Over 1 million
- Category:- Business banking app in the UK
Build a custom fintech mobile app for your business with Webelight Solutions
That wraps up our list of the best fintech apps in the UK region disrupting traditional banking norms. Whether you are looking for seamless mobile banking solutions like Revolut, a cross-border payment platform like Wise, or a wealth management tool like Plum, our fintech app development company can bring that idea to life. Our proficient mobile app development team specializes in creating custom fintech mobile apps, such as digital wallet apps, crowdfunding platforms, and budgeting apps.
