Private company

U Account

Logo: https://www.uaccount.uk/, Non-free logo, via Wikipedia3

Defunct UK digital current-account alternative

U Account is a UK-based digital current account alternative founded by Alex Letts, ex-owner of Ffrees Family Finance, and U Holdings Ltd. In 2019, the business was acquired by Shelby Finance Ltd, a subsidiary of Morses Club PLC. U Account is closing in May 2022.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2012Founded1

U Account is a UK-based digital current account alternative founded by Alex Letts, ex-owner of Ffrees Family Finance, and U Holdings Ltd. In 2019, the business was acquired by Shelby Finance Ltd, a subsidiary of Morses Club PLC. U Account is closing in May 2022.2

Timeline

  1. 2012Founded Founded1

Sources

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