Remitly was founded in 2011 by Matt Oppenheimer and Josh Hug, who were inspired to start the company after witnessing the challenges faced by immigrants when sending money back home. They saw an opportunity to leverage technology to make the process faster, more affordable, and more convenient. Remitly platform allows users to send money from their mobile phones or computers, eliminating the need to visit a physical location or wait in long lines. The company partners with banks and other financial institutions around the world to facilitate the transfer of funds, ensuring that the money reaches its destination securely and quickly. One of Remitly key features is its competitive exchange rates and low fees. The company is able to offer better rates and lower fees compared to traditional money transfer services by operating primarily online and leveraging technology to streamline operations.Remitly also prioritizes customer experience and has developed a user-friendly interface that makes it easy for users to send money, track their transfers, and receive notifications on the status of their transactions. The company also offers customer support in multiple languages to cater to its diverse user base. In addition to its core money transfer service, Remitly has expanded its offerings to include additional financial services. This includes features such as bill payment, mobile airtime top-up, and digital wallets, providing users with a comprehensive suite of financial tools. Remitly has grown rapidly since its founding and has raised significant funding from investors. The company has offices in the United States, the United Kingdom, Canada, Australia, and the Philippines, and serves millions of customers worldwide. Overall, Remitly aims to provide a convenient and affordable solution for immigrants to send money to their loved ones, helping them support their families and communities back home. Social Link

Recognise Bank aims to address the funding gap for small and medium-sized enterprises (SMEs) by providing tailored financial solutions. The bank understands the unique challenges faced by SMEs and aims to support their growth and development. It offers a range of lending products, including secured and unsecured loans, asset finance, and invoice finance. The bank takes a flexible approach to lending, considering each business on its individual merits rather than relying solely on credit scores. This allows Recognise Bank to provide funding to businesses that may have been overlooked by traditional lenders. In addition to lending, Recognise Bank plans to offer personal and business savings accounts. These accounts will provide competitive interest rates and flexible terms to help individuals and businesses grow their savings. Recognise Bank is committed to providing excellent customer service and building long-term relationships with its clients. The bank aims to understand the unique needs of each customer and provide tailored solutions to meet their financial goals. Recognise Bank is led by a team of experienced banking professionals who have a deep understanding of the SME market. The bank management team has a proven track record in the financial services industry and is dedicated to supporting the growth and success of SMEs. Overall, Recognise Bank aims to be a trusted partner for SMEs, providing them with the financial support and expertise they need to thrive. By focusing on the specific needs of SMEs, Recognise Bank aims to make a positive impact on the UK economy and contribute to the growth of small businesses. Social Link

RateSetter offers personal loans with competitive interest rates and flexible repayment terms. Customers can borrow between £1,000 and £25,000, with loan terms ranging from 1 to 5 years. The application process is quick and easy, with decisions made within minutes. One of the key features of RateSetter personal loans is their flexibility. Customers have the option to make overpayments or repay their loan early without incurring any additional fees. This allows borrowers to save on interest and pay off their loan faster if they choose to do so. RateSetter also offers a RatePromise feature, which guarantees that the interest rate offered at the time of application will be the rate the customer receives if their loan is approved. This provides peace of mind and transparency for borrowers. In addition to personal loans, RateSetter also offers a range of other financial products, including business loans and property development finance. These products are designed to meet the needs of different customers and provide tailored solutions. With the acquisition by Metro Bank, RateSetter now has the backing of a well-established and reputable bank. This partnership allows RateSetter to leverage Metro Bank resources and expertise to further enhance their offerings and provide even better customer service. Overall, RateSetter and Metro Bank deliver a fresh and innovative approach to personal lending, combining competitive rates, flexible terms, and excellent customer service. Social Link

Edenred Payment Solutions is a leading provider of flexible and reliable payment solutions. They offer a wide range of services including embedded finance, digital banking, payment card services, accounts & payments, card issuing, and processing. Their embedded solutions are revolutionizing the way we interact with financial services, making them accessible anytime, anywhere. Their payment card technology delivers excellent payment experiences, supporting customers effectively. They also provide e-money account services across the UK and Europe, and card issuing services to facilitate online and in-store payment options. Their all-in-one processing platform is diversified and robust. With a portfolio of products designed to enhance the customer journey and backed by expert technical, regulatory, and product support, Edenred Payment Solutions is praised for its innovative yet reliable solutions. Year Founded: Edenred Payment Solutions is part of the Edenred group, which was founded in 2010. However, their service is built upon over 15 years of industry experience. CEO: The Chairman and Chief Executive Officer of Edenred is Bertrand Dumazy. Headquarters: Edenred’s headquarters are located in Issy-les-Moulineaux, France. Why choose Edenred Payment Solutions? Experience: They have over 15 years of industry experience, fintech insights, and technical expertise. Innovation: They empower innovation and unleash the potential of their ambitious customers. Reliability: As a pillar of the wider Edenred ecosystem, they deliver services that are stable, secure, and designed to support your organization as you scale. Regulatory Compliance: They are a regulated entity with FCA (UK) and NBB (EU) and passporting across Europe. Customer Focus: They focus on user acquisition, market expansion, and product development, while taking care of the core payment infrastructure. Flexibility: They’ve developed a range of highly configurable solutions, equipping you with the tools and support needed to provide a unique product experience for your customers. Social Link

With Penrose Digital, businesses can easily manage their finances and make payments online. Whether it sending money to suppliers, paying employees, or receiving payments from customers, Penrose Business Banking provides a secure and convenient platform for all banking needs. Penrose Digital understands the challenges businesses face when it comes to international transactions. That why they offer global banking services, allowing businesses to transact with partners and customers around the world. With Penrose Business Banking, businesses can easily send and receive money in different currencies, making international business transactions seamless. In addition to banking services, Penrose Digital also provides advisory services to help businesses make informed financial decisions. Their team of experts can provide guidance on various financial matters, such as investment strategies, risk management, and cash flow management. For businesses that require a safe and secure place to store their assets, Penrose Digital offers facilities for the storage and safe custody of assets. Whether it physical assets like gold or digital assets like cryptocurrencies, Penrose Digital ensures that businesses assets are protected and accessible when needed. Overall, It  is a trusted partner for businesses looking to streamline their banking and payment processes. With their comprehensive range of services, businesses can focus on growing their operations while leaving the complexities of banking and payments to Penrose Digital. Social Link

Payset is a leading provider of virtual IBAN accounts, designed to streamline international trading activities. It offers multi-currency accounts, enabling users to accept and send funds globally in various currencies. Payset also provides an instant currency exchange feature for 38 currency pairs at competitive rates. The platform is built with a focus on global cash flow management, offering a secure, reliable, and innovative multi-currency wallet. With its next-generation payment technology, Payset aims to make payments faster and easier to manage, positioning itself as a comprehensive solution for cross-border transactions. Year Founded: It was founded in 2018.. CEO: The CEO of Payset is Perry Asforis. Headquarters: Payset’s headquarters are located at 23 Berkeley Square, London, England. Why choose Payset? Multi-Currency Account: Accept and send funds globally in various currencies. Instant Currency Exchange: Exchange 38 currency pairs instantly at low rates. Global Cash Flow Management: Manage your cross-border cash flow with their secure, reliable, and innovative multi-currency wallet. Next-Generation Payment Technology: It serves as the next generation of payment technology for making payments faster and easier to manage. Social Link

PayPal is a leading financial technology company that revolutionized online payments. Founded in 1998, it provides a secure and convenient platform for individuals and businesses to send and receive money electronically. With its user-friendly interface, Pay Pal allows users to link their bank accounts, credit cards, or debit cards to their Pay Pal account, enabling seamless transactions across the globe. The company is renowned for its robust security measures, including encryption and fraud detection, which ensure the safety of users’ financial information. PayPal’s services extend beyond simple money transfers, offering solutions for online shopping, invoicing, and even cryptocurrency transactions, making it a versatile tool in the digital economy. Year Founded: PayPal was established in 1998, marking the beginning of its journey as a pioneer in the digital payments industry. Over the years, it has grown to become a trusted name in financial technology. CEO: Dan Schulman is the current CEO of PayPal. Under his leadership, the company has expanded its services and embraced innovation, including the integration of cryptocurrency transactions and the acquisition of other fintech companies like Venmo and Honey. Headquarters: PayPal’s headquarters are located in San Jose, California, USA. This strategic location in Silicon Valley places it at the heart of technological innovation and development. Why Choose PayPal? Security: PayPal is known for its strong security measures, including encryption and advanced fraud detection, ensuring that users’ financial information is protected. Convenience: The platform is user-friendly, allowing users to link their bank accounts, credit cards, or debit cards for seamless transactions. Versatility: PayPal offers a wide range of services beyond simple money transfers, such as online shopping, invoicing, and cryptocurrency transactions. Global Reach: Operating in over 200 markets and supporting 25 currencies, PayPal facilitates cross-border transactions, making it easier to send and receive money worldwide. Innovation: PayPal continuously evolves to meet the changing needs of its users, with recent developments like PayPal Credit and the acquisition of companies like Venmo and Honey expanding its capabilities.

OakNorth is a UK-based bank founded by Rishi Khosla and Joel Perlman, dedicated to supporting small and medium-sized enterprises (SMEs) with tailored financial solutions. Leveraging advanced data-driven technology, OakNorth offers fast and flexible business loans, making the borrowing process straightforward and transparent. Their mission is to bridge the financing gap for the “Missing Middle” – businesses that play a crucial role in economic and employment growth but often face challenges in securing necessary funding. Since its inception, OakNorth has significantly contributed to the UK economy, facilitating the creation of over 40,000 new jobs and 29,000 new homes. Year Founded: OakNorth was established in 2015 with the vision of addressing the unique financial needs of small and medium-sized enterprises (SMEs). Since its inception, the bank has focused on providing tailored financial solutions to support the growth and success of these businesses. CEO: Rishi Khosla is the co-founder and CEO of OakNorth. With a strong background in finance and entrepreneurship, Rishi has been instrumental in driving the bank’s mission to empower SMEs through innovative lending practices. His leadership has helped OakNorth become a significant player in the financial services industry. Headquarters: OakNorth is headquartered in London, one of the world’s leading financial hubs. This strategic location allows the bank to leverage the city’s robust financial infrastructure and talent pool, enabling it to offer top-notch services to its clients. Why Choose OakNorth? Tailored Financial Solutions: OakNorth specializes in providing customized business loans that cater to the unique needs of small and medium-sized enterprises (SMEs). Their data-driven approach ensures that each loan is designed to support the specific growth aspirations of the business. Speed and Flexibility: Unlike traditional banks, OakNorth leverages advanced technology to streamline the lending process. This results in faster approval times and more flexible loan terms, allowing businesses to access the capital they need when they need it. Transparency: OakNorth Bank is committed to making the borrowing process straightforward and transparent. Their platform provides clear and concise information, helping businesses understand their financial options without any hidden fees or complex terms. Economic Impact: Since its inception, OakNorth has played a significant role in the UK economy, contributing to the creation of over 40,000 new jobs and 29,000 new homes. By supporting the “Missing Middle,” OakNorth Bank helps drive sustainable economic growth and community development. Customer-Centric Approach: OakNorth’s focus on understanding the unique challenges faced by SMEs sets them apart. They prioritize building strong relationships with their clients, ensuring that each business receives the support and guidance needed to succeed.

With the Nimbl prepaid debit card, parents can easily transfer money to their child’s card through the app. This allows parents to give their children pocket money digitally, eliminating the need for cash. Parents can also set up automatic weekly or monthly top-ups, ensuring that their child always has funds available. The app also includes parental controls, giving parents the ability to monitor and control their child’s spending. Parents can set spending limits, block certain types of transactions, and receive real-time notifications whenever their child makes a purchase. One of the unique features of the Nimbl app is the gifting function. Parents can use this feature to send money as a gift for special occasions, such as birthdays or holidays. The child will receive a notification in the app and can choose how to spend the gifted money. The app also includes a savings tool, which encourages children to save money. Children can set savings goals and track their progress within the app. Parents can also set up automatic transfers from their child’s spending account to their savings account, helping them develop good saving habits. Overall, the Nimbl prepaid debit card and app provide a convenient and secure way for parents to manage their child’s finances. It gives children the freedom to spend their money while teaching them important financial skills. Social Link

Muniy is a digital payment company that provides personal accounts and debit cards to individuals in the United Kingdom. With Muniy, users can manage all their transactions and finances through a convenient mobile application available on both iPhone and Android devices. To open a Muniy account, you must be a resident of the UK. The process of opening an account is simple and can be done entirely through the mobile app. Users will need to provide some personal information and complete a verification process to ensure security and compliance with regulations. Once your Muniy account is set up, you will receive a debit card that can be used for online and in-store purchases, as well as ATM withdrawals. The mobile app allows you to track your spending, view transaction history, and manage your finances on the go. Muniy aims to provide a seamless and user-friendly banking experience, making it easy for individuals to handle their day-to-day financial needs. Social Link

Monzo Bank operates entirely online, with no physical branches. Customers can sign up for an account through the Monzo app, which is available on both iOS and Android devices. The app provides a range of features and tools to help customers manage their finances. One of the key features of Monzo is its real-time notifications. Customers receive instant notifications on their phone whenever they make a transaction, allowing them to keep track of their spending in real-time. The app also categorizes transactions automatically, making it easy for customers to see where their money is going. Monzo also offers a range of budgeting tools to help customers manage their money. Customers can set spending targets for different categories, such as groceries or entertainment, and the app will provide updates on how much they have spent and how much they have left to spend. In addition to its current accounts, Monzo also offers business current accounts for small businesses. These accounts come with many of the same features as personal accounts, including real-time notifications and budgeting tools. Monzo’s payment cards can be used both in the UK and abroad, with no fees for spending or withdrawing cash overseas. International payments are powered by Transferwise, which offers competitive exchange rates and low fees. Monzo also offers savings accounts, allowing customers to earn interest on their savings. The app provides tools to help customers set savings goals and track their progress. For customers who need to borrow money, Monzo offers overdrafts and consumer loans. The app provides information on the cost of borrowing and allows customers to manage their repayments. Overall, Monzo Bank aims to provide a modern and convenient banking experience through its smartphone app. With its real-time notifications, budgeting tools, and range of banking products, Monzo aims to help customers take control of their finances. Social Link

Lumon Pay Plc is an electronic money institution that specializes in foreign exchange and international transfers. They offer a range of services including multi-currency e-wallets, international transfers, currency exchange, currency contracts, and regular payments to individuals, companies, and institutions. As of 2020, It had total assets amounting to 49.2 million GBP. However, the company generated a net income of -3,105,409 GBP, indicating a loss for the year. It is incorporated in the United Kingdom and is authorized and regulated by the Financial Conduct Authority (FCA). This regulatory oversight ensures that Lumon Pay operates in compliance with the necessary financial regulations and safeguards the interests of its customers. Social Link