British Blockchain-friendly Bank, Fiinu, Puts this Change-Bank project in perspective. They offer 90% money back guarantee against the bank licence (from Bank of England) and have been in a process for a year already. Team is nothing short of incredible and they have in average some 15-20 years banking backgrounds. The core members have already won the banking licence from the Bank of England once before. The raise is capped.
https://bitcointalk.org/index.php?topic=2257304.0
https:/:fiinu.com