Clear. Fair. Non-interest based.

What you see is what you get. We offer transparent, accessible, interest-free products, and you’ll never be confused or surprised by a fee.

Values Before Profits

Your money should match your values. Unlike mainstream banks, we will never hold your money in unethical industries or high-risk ways.

Ethically Built Technology Architecture

We have built our own proprietary technology to ensure we can protect our customers’ funds, data and values with complete carbon neutral cloud computing.

Tools for Change

Our Carbon Tracker lets you calculate your CO2 footprint for every transaction, while our Donate channel allows you to support over 100 local causes and charities.

Community Focus

We work directly with our communities to develop social impact initiatives for systemic change and long-term growth, committing 10% of our annual profits to charitable organisations.

Recycled Materials

Our packaging is made from a non-virgin sugar cane by-product and is 100% recyclable, biodegradable and even compostable.

B Corp Certified

Our B Corp certification is another recognition of our efforts in creating a more equitable and sustainable society by delivering the infrastructure and technologies required to democratise financial services.

Algbra Card

Join the Movement

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For customers who joined Algbra before 22 July 2024: The e-money in your Algbra account is currently issued by Modulr FS Ltd, a company registered in England and Wales with company registration number 09897919 and registered address at Scale Space, 58 Wood Lane, London, W12 7RZ. Modulr is regulated by the Financial Conduct Authority (FCA) for issuance of electronic money with FRN 900573. As of 23 September 2024, or earlier if you accepted Algbra’s updated terms before this date, the e-money issued to your Algbra account is issued by Algbra Group Limited, which is a private limited company registered in England and Wales with company registration number 12629086 and registered address at Squire Patton Boggs (UK) LLP (Ref: CSU) No.1 Spinningfields, Hardman Square, Manchester, England, M3 3EB. Algbra is authorised and regulated by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 with FRN 952360.

For customers who joined Algbra on or after 22 July 2024: The e-money issued to your Algbra account is issued by Algbra Group Limited, which is a private limited company registered in England and Wales with company registration number 12629086 and registered address at Squire Patton Boggs (UK) LLP (Ref: CSU) No.1 Spinningfields, Hardman Square, Manchester, England, M3 3EB. Algbra is authorised and regulated by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 with FRN 952360.

For those customers who have ordered an Algbra Card: Your Algbra Card is currently issued by Transact Payments Limited (incorporated and registered in Gibraltar with company number 108217 and registered office of 6.20 World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA). As of 24 September 2024, or shortly after, the Algbra Card will be issued by Algbra Group Limited (FCA FRN  952360), a Principal member of Mastercard International Incorporated. MasterCard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

Algbra Group Limited is a limited company registered in England and Wales with company registration number 12629086.