When you click on Sign up, you just leave us your contact details – so we can get in touch when our current account is ready to go. It's as simple as that. No contract or anything like that has yet been concluded when you sign up.
However, since we will only be registering a limited number of customers at the start, first come, first served applies. If you want to be one of the very first, there's no time to lose (and let your friends know quickly, so that they don't lose out either).
We are working at full speed on the launch of the Tomorrow account and are almost at the finishing line. At the end of April, we're starting an internal beta testing phase to put the app through its paces. In June we will take the first customers off the waiting list and set them up with their accounts (so sign-up quickly!). That's right - with a real current account. We will keep you informed about the exact time by newsletter.
Tomorrow is a social business project from Hamburg, founded by Inas, Michael and Jakob. Developing a truly sustainable bank offering is an intense, demanding task. It's also likely to cost a lot of money: we need to develop complex IT systems, provide an up-to-date app, build a customer service framework, meet a whole heap of regulatory and formal requirements (as it should be), and much more.
In order to be able to achieve all this, we brought on board four sponsors who fit in with us and our project. They all support Tomorrow's vision of using finance as a force for positive social change and want to be part of it in the long term. They are:
- Forest Finance, pioneer of sustainable afforestation
- David Diallo, creator of Social Publishing Verlag
- Georg Bader, entrepreneur and an old friend & partner of Inas
- Marek & Stoffel - also old companions
To sum it up: TOMORROW is an independent project, initiated and managed by the founders. We hold the majority of the shares, and have only brought on board those partners who want to share our mission and develop a bank that changes course.
That’s a question people ask us surprisingly often. On Facebook, on Twitter and in real life. Here are the definitive, official answers.
Yes, in some respects this is true, as we find the dynamics and technological innovation of our colleagues at N26 quite impressive. And we also believe that GLS's credible value orientation and absolutely consistent sustainability policy constitute the only right approach. We want to reconcile these two approaches.
On the other hand, we have got to reply: No, Tomorrow is more than that. Because we will be offering an independent, original concept. On the technological side with small and large technical innovations that do not yet exist on the European market. On the side of sustainable impact we have new ideas about how to capture and, indeed, reward sustainable lifestyles. In addition, we will present the topic of sustainable investment in a really simple, uncomplicated way - so saving money becomes something easy, commonplace. On top of that we also want to shape the way we manage our business differently from what has been customary in the financial market up to now. Not with nested products and complex language, but as a transparent, open organization in which all stakeholders - above all the customers - can and should help be involved strongly.
No, we're really not. Of course, we're also using the new opportunities offered by digitization to present banking and finance in a different way than it was previously possible: easier, cheaper, faster.
But we believe that this alone must not be an end in itself. We founded the Tomorrow project because we want to make a real difference. We believe in the good in money, strange as that may sound, and want to make social and ecological change possible with our services and products. We want to promote renewable energies and organic farming as well. We want to finance other social business ideas, initiate educational projects and design more sustainable living spaces. We want to show that money can and will be part of the solution.
No, we aren't. But we have a banking service provider in the background. Therefore we can offer you everything you’ll expect from a bank. Our partner is the Berlin-based technology company solarisBank. Most of you will not know them - for a good reason: solarisBank does not act as a brand for private customers, but supplies young companies like us with a so-called core banking system and a banking license. solarisBank is subject to the (very, very) strict regulations of the German Federal Financial Supervisory Authority (BaFin). Their task is to supervise all banks, insurance companies and securities trading.
All Tomorrow accounts are with solarisBank, so officially you also sign a contract with them. However, we at Tomorrow will always take care of all your questions, worries and ideas directly and ourselves. We are your contact person, around the clock. We guarantee the sustainable use of your funds and design the product (i.e. the app, the investment offers, everything else) in all its details. solarisBank is our partner in the background, with whose help we can meet all technological and regulatory requirements even as a young project from day one. Still sound confusing? We would be happy to explain it in detail. Call us or write to us.
Absolutely not. solarisBank is our service provider, whose services we use and pay for. We are in no way interwoven under company law or financially. But we appreciate their work very much and are pleased to be able to cooperate so effectively.
The credit balance of each Tomorrow customer is secured by the European Deposit Protection Fund via our partner solarisBank, up to €100,000 per account. This corresponds to the standard for all European credit institutions, old or young, small or large.
Unfortunately not (yet). We would love to offer company accounts from the get-go. However, the technological and formal requirements of companies for an account are so fundamentally different from those of private customers that we cannot offer this without some more hard work. But not least because many great, sustainable companies have already knocked at our door and asked for an account solution, we will deal with the topic as soon as possible. We will keep you up to date.
Not everywhere, but almost. More precisely: You can pay everywhere, where MasterCards are certified. And there are quite a few places - from Amazon to Aldi to Alnatura. So, you will be able to get on with your everyday life without any problems with our card. The same applies to withdrawals: wherever you see the MasterCard logo, you can get cash. And this is the closest thing to any ATM in Europe.
While we are at it: the number of free withdrawals per month varies depending on the type of account (see next question). We are calculating the exact number of withdrawals. Info follows.
That depends. We will offer two variants for the start:
- 1. a basic version, for everyone who wants to get to know Tomorrow and try it out. It'll be completely free.
- 2. a premium version with a number of additional features. Here we are working on the last details, both in terms of price and performance. It will be worth it, that we can promise you already. From particularly smart, meaningful investment opportunities, to innovative ways of measuring & rewarding your own sustainable footprint, to special offers from other sustainable brands and services.
Unfortunately not (yet). We would be only too happy to offer an account for couples/ friends/ teams right away. We are still working on this and will keep you informed. Until then, why not simply open an account for everyone? After all, it won’t cost you anything. (see previous question).
Yes, absolutely. Do you have ideas about what the "Bank of Tomorrow" should look like? Write to us at email@example.com or join our Facebook Group. Do you want to work with us? Look at our jobs page. Or simply write to us at firstname.lastname@example.org. We are looking forward to your input.