Finyway LogoFinyway

Overview

Description

Tomorrow is a German sustainable neobank that offers mobile-first checking accounts and debit cards, using customer deposits exclusively to finance climate protection and sustainability projects.

General Info

Address
Neuer Pferdemarkt 23, 20359 Hamburg, Germany
Phone number
Identification number
HRB 153229
CEO
Inas Nureldin
COB
Inas Nureldin
Email
support@tomorrow.one
Full name
Tomorrow GmbH
Name
Tomorrow
Social Media
SWIFT code
SOBKDEBBXXX
Year of foundation
2018

Overview

Features
ATM support, Currency exchange, Expense Management Tools, International Transfers
Supported languages
English, German
Mobile App
iOS, Android, Web
Commissions
Medium-Low
Products
Payment Cards - CashbackCard
Crypto-Friendly

Risk Acceptance Level
Low risk
AML Tolerance
Low
Account Currency
EUR
International Transfers
SEPA, SEPA / SEPA Instant
Card Networks / Card Schemes
Visa
Company Type
Digital Bank
Customer Segment
Individuals, Legal Entities
Business focus
Digital Banking, Open Banking
Country of registration
Germany
Regulators
BaFin
Authorities
BaFin
License type
Retail and Commercial Banks

Area served

Europe
Ireland, Austria, Belgium, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Portugal, Slovakia, Slovenia, Spain

Pros & Cons

Pros

  • Instant Virtual Cards. Instant issuance of virtual cards right after opening an account or in just a few clicks

  • Remote Account Opening. Ability to open an account entirely online (including video verification) without visiting a branch. Crucial for non-residents

  • Fast International Transfers. Fast processing of international transfers (SWIFT, SEPA, etc.) with minimal delays

  • Cashback & Rewards. Loyalty program offering high cashback percentages or bonus miles on purchases

  • Extensive ATM Network. Large network of in-network or partner ATMs with free cash withdrawals

Cons

  • High Card Issuance/Delivery Fees. Expensive fees for physical card issuance or delivery (especially international)

  • No Remote Onboarding. Inability to open an account remotely, requiring mandatory personal presence at a bank branch

  • Hidden Fees & Commissions. Presence of non-obvious fees (for bank statements, account inactivity, SMS alerts, etc.)

  • Slow Customer Support Response. Slow customer support service, long response times in chats, or extended waiting times on the line

  • Strict Account Minimums. Requirement to maintain a high minimum account balance to avoid penalties or fees

  • High Out-of-Network Fees. High fees for cash withdrawals at out-of-network ATMs or abroad