LawBite partners with Cashplus Bank to offer small businesses legal services and advice
LawBite, the digital legal service platform transforming access to legal advice, has partnered with leading fintech, Cashplus, to offer the digital bank’s small business customers easy access to a suite of legal services and guidance. UK SMEs encounter on average eight legal issues per year and lose up to £13bn by not addressing them effectively.
By using the LawBite platform, Cashplus’ customers will have access to legal advice on all aspects of running and operating a company. The platforms’ shared ethos of simplicity and streamlined interfaces represent the future of professional services for time-pressed small business owners.
This partnership will also provide access to a team of business law specialists, on hand to provide customised legal advice to help owners solve business problems. This will include advice on employment contracts, commercial agreements and corporate governance – all available in a cost-effective and transparent way.
The LawBite platform and its services remove barriers to the accessibility and affordability of sound legal advice for businesses, all while making it easier to digest and fast to access.
Nick Biggam, Commercial and Business Development Director for Cashplus Bank said; “Our purpose at Cashplus has always been to break down barriers and make doing businesses as simple as possible for our small business customers. One of the major steps in doing this is putting, traditionally hard-to-access or expensive tools in easy reach. With the help of our digitally minded partner, LawBite, we’re doing this for vital legal support for small businesses.”
Clive Rich, CEO of LawBite said; “We are delighted to announce this partnership with Cashplus and to support them and their portfolio of SMEs from across all sectors. The core values of both businesses are so closely aligned, making the partnership such a good fit. We are looking forward to rolling out our platform to the Cashplus customer base, offering these businesses with high quality legal advice that may have previously been beyond their budget.”
ENDS
About LawBite
LawBite democratises law for SMEs and scale-ups by streamlining access to business legal advice. Our innovative platform and app provides businesses with direct access to lawyers, solicitors and mediators with the right expertise to help solve their legal issues. The unique technology that sits behind the platform streamlines the lawyer-client experience, leading to faster and more efficient processes and a better customer experience. By connecting customers to lawyers that are solely focused on client work, we are also creating cost savings that we can directly pass on to our users. This approach to legal services is offering businesses the opportunity to access the high-quality legal advice they need, without the associated overheads of traditional law firms.
Legal advice is provided via the platform by our SRA regulated law firm, 'LawBriefs’.
About Cashplus
Cashplus is a leading UK challenger bank with a 15+ year track record of digital innovation, dedicated customer service and strong financial performance. The company was granted a UK bank licence in February 2021. A true fintech pioneer, we offer fast, smart, simple banking services for the entrepreneurs, independent businesses and hard-working consumers that power the UK economy yet are too often overlooked by high street banks. Since 2005, we’ve created easier ways for more than 1.6m customers to pay, bank and borrow through our user-friendly digital platform, delivered a string of fintech firsts and built a sustainable, growing business providing more than 250 jobs in the UK with locations in London, Liverpool and Birmingham.
- 6m accounts opened
- 7% share of all new UK businesses
- £23bn in payments processed
- 10 years + of strong growth
- £700m total lending
- 9 straight years of operating profit
Cashplus is a trading name of Advanced Payment Solutions Ltd. Copyright in this e-mail and any attachments created by Advanced Payment Solutions Ltd belong to Advanced Payment Solutions Ltd, Cottons Centre, Cottons Lane, London, SE1 2QG
Notes to Editor
For further information, contact Katy Barney or Liam Britnell ([email protected])
Alex Moorhouse
Corporate Affairs Director
+44 (0)7834 780299
Adam Taylor
Account Director
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.
