Britain’s Original Fintech Disruptor Adds New Hires in Banking Push

Cashplus, Britain’s original digital challenger to banks, has made three significant strategic hires as part of a major recruitment drive that will see it more than double the size of its current workforce by 2022.

Joining a highly experienced executive team Richard Bastin joins in the key role of Chief Technology Officer (CTO), demonstrating the company’s commitment to using innovation to anticipate the needs of its customers. Richard brings extensive experience as a successful CTO in numerous regulated fintech firms including Currencycloud, the Cashplus partner for international payments, and RateSetter, an innovator in the peer-to-peer lending space. Richard has a fantastic track record, having grown multiple businesses at over 100% per annum by developing highly scalable solutions across the fintech sector.

The banking disruptor also welcomes Donna Cunliffe in the newly established role of Operations Risk Director and Jackie Gray as Head of Audit. These new hires will add further momentum to Cashplus as it drives forward its strategy to become the country’s leading “Now Generation” digital bank for SMEs. Donna brings over 30 years of expertise in financial crime detection and anti-money laundering, as well as experience in payments, SME and corporate customer service across large UK retail banks. As Operations Risk Director, Donna will play a key role in keeping Cashplus at the forefront in the prevention of financial crime.

As the new Head of Internal Audit, Jackie joins the Cashplus team with significant experience in leading internal audit functions and conducting governance, risk management and assurance projects in the financial services sector, both within the UK and internationally.

Rich Wagner, Founder and CEO of Cashplus, says: “Whilst Cashplus works towards obtaining its banking license, I want to ensure that we have an effective corporate governance structure and proven industry talent to provide the best possible outcomes for our customers. I look forward to working with Richard, Donna and Jackie as Cashplus continues the next exciting stage of its journey to become a bank.”

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For more information, interviews, photography or further commentary please contact Natalie Fuller, [email protected] or Sam Young, [email protected]

Notes to Editors

Cashplus, the trading name of Advanced Payment Solutions Ltd (APS), has been FCA authorised and regulated for over a decade. During this time, it has amassed a string of ‘Firsts’, including the first non-bank to offer banking services through the 11,500 Post Office branches and the first non-bank to introduce an instant online business current account.

Cashplus, one of the pioneers in Fintech, has developed a wide range of digital banking services, which challenge the traditional banking model. Through its proprietary technologies, award winning products and superior in-house data analytics, Cashplus has been able to offer over 1.4 million customers fast, convenient and transparent banking solutions to efficiently manage their finances and business cash flow. Voted the Best Challenger Bank 2017 by readers of PayBefore even though it’s not yet a Bank, Cashplus continues to provide innovative banking solutions for customers typically overlooked by traditional banks.

 

Terms and Conditions apply, including applicants being resident in the UK & aged 18+ and, if relevant, businesses being based in the UK.

For full website terms including information on Cashplus Bank, Mastercard and use of Trademarks, please see our full legal disclosures at https://www.cashplus.com/legal/.

Advanced Payment Solutions Limited (APS), trading as Cashplus Bank, is registered in England and Wales at Cottons Centre, Cottons Lane, London SE1 2QG (No.04947027). APS is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 671140.

APS provides credit facilities subject to approval and affordability, and where accounts continue to meet APS credit criteria.

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