据了解，近些年来已经有越来越多的新型银行开始通过纯数字端的服务抢夺老牌银行的生意，其中就包括Metro Bank、Monzo和Starling Bank.
Cashplus said on Thursday it will soon apply for a UK banking licence as part of the British "fintech" firm's plan to step up its challenge to traditional banks.
Having a banking licence offers holders advantages including the ability to lend out deposits to businesses, but it also carries the burden of greater regulatory scrutiny.
The move will allow Cashplus to convert the 200 million pounds of customers' funds it holds into bank deposits, its chief executive Richard Wagner told Reuters.
"We have a proven track record and six years' of profitability, and this change will help us provide more services to customers overlooked by traditional banks."
Formerly Advanced Payments Solutions, Cashplus was founded 12 years ago as one of the first rivals to traditional banks to come from the growing "fintech" sector.
Newer banks with branches such as Metro Bank and app-only smartphone rivals like Monzo and Starling Bank, are chasing market share from incumbents like Lloyds and Barclays by offering slicker digital services.