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Cashplus Bank appoints banking veteran Mark Sismey-Durrant as Chairman
19th February 2021
Leading digital challenger Cashplus Bank today announces that Mark Sismey-Durrant has been appointed Chairman, succeeding former Chair Jim Jones who will remain a member of the Cashplus Board as a non-executive director.
SME digital bank Cashplus seeks £50m investment to support growth
18th February 2021
Leading digital challenger bank Cashplus today announces plans to raise capital investment of at least £50m in 2021 to support further growth across all segments and unlock a higher proportion of deposit funding for SME lending following bank authorisation.
SME fintech Cashplus secures full UK bank licence
3rd February 2021
Leading digital bank challenger Cashplus has been granted a full UK bank licence by the Prudential Regulation Authority with immediate effect.
Cashplus completes successful repayment of APS Bond
1st December 2020
Cashplus, the leading challenger to UK banks, today announced the repayment and closure of its successful mini-bond programme APS Bonds.
Cashplus payments API hits 1 million transactions in a year
17th July 2020
Cashplus, the leading UK challenger to banks, today announces that its Open Banking Payments API product processed over 1 million SME payments in the year following its launch in April 2019.
Cashplus launches UK-first Google Maps-powered purchase enrichment for business credit cards
20th February 2020
The new Spending Insights feature uses Google Maps data to pinpoint where and when a payment was made and makes each transaction easy to identify by showing information like...
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Our CEO's Blog
Why challenger banking is still a challenge Cashplus has been profitable for seven years straight now - developing a proven product portfolio that has changed the lives of countless SMEs and consumers.
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Mission accomplished: FinTech Granted Access to Bank of England Accounts I've not been backwards in coming forwards about my view that FinTech companies should be granted direct access to payments infrastructure.
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CMA - One Step Short of the Leap Required to Banish "Free Banking" The CMA has an enormous task on it's hands - to break the stranglehold of the big four on the banking sector.
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Free FinTech From the Shackles of Traditional Banks - For the Good of Both It is widely agreed that the UK is the international home of FinTech - and with good reason. Investment in the sector has grown 74% a year in the UK...
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Interchange Cap Will Spark New Era of Banking After years of debate, lobbying, and heated discussions, the European interchange fee cap finally comes into effect today.
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Breaking the Myth of Free Banking The myth of free banking is entrenched in the UK's retail banking sector, and has been publicly exposed by the CMA last month.
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