Is there going to be an alpha for the Current Accounts?

[alexs (Alex Sherwood)]

Here’s the latest on Monzo’s plans -

Full bank account - permanent UK address

We’ll be staggering the rollout of current accounts over a number of months and will definitely share any updates to the identity verification process as and when! We won’t be prompting people to switch from prepaid to current accounts in a really limited window of time. Even if you want to switch over but don’t have the documents to hand, you’ll still have the option later in the year to switch when you touch down on home turf

Gradual Current Account Launch

We’ll hopefully be able to confirm more details on this soon

We know from the Crowdfunding blog post that one of the benefits of investing will be to get early access AKA alpha access, to the current accounts -

Investor Information

IIRC I think it’s been mentioned it won’t just be investors who test the current accounts before they’re available to anyone who wants one.

To give you a very rough sense of the early tester numbers, one of the team mentioned that this was the plan in the developer’s Slack channel -