“Tally Money” a fintech organisation worth watching for in 2020, they aim to offer a complete banking service but your money is linked to the gold value:
Some quotes from their forum:
“We want to reach a mass consumer market and therefore we see our competitors as the challenger banks such as Monzo, Revolut and Starling.
Our customers receive their own individual banking account (not pooled accounts with top up prepaid cards) which will shortly be connected to UK faster payments that will then mean customers can set up direct debits and use Tally as primary bank account.”
The selling point for many is your money is linked to the gold value and is not impacted on the UK pound devaluing over time. Even with a high-interest saving account offering 1.5% is wiped away when you consider inflation is at 2.5%.