The small-print:<p>"We aren’t a bank yet, but we are applying to the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) for authorisation to become one"<p>Edit: But a serious question though about your announcement. Do I really care that you are a "Full Stack" whatever bank? I'm kind of wearied by the use of "Full Stack This", "Full Stack That", this usage just makes me roll my eyes even more.<p>If this is a way to hit up interest from techies like myself, at least explain what's in your "Stack" and how you're using said technology to differentiate yourself from say Lloyds, RBS, Barclays, First Direct etc.