04/03 – Weekly Fintech Recap
- 04 Mar, 2022
Cashplus
Description
Cashplus is a leading digital challenger to UK banks and has served more than 1.6m customers since launching in 2005
Overview
| Type: | Private |
| Foundation year: | 2005 |
| Location: | London, United Kingdom |
| Number of employees: | 101-250 |
| Founders: | Richard Wagner |
| Website: | http://www.cashplus.com/ |
Target geographic market:
Europe
About Product/Service
| Product cost | - |
|---|---|
| (a) a personal account | Yes |
| (b) a business account | Yes |
Key people
Funding rounds
| Last Funding Date | N/A |
|---|---|
| Last Funding Amount | N/A |
| Last Funding Type | N/A |
| Total Funding Amount | N/A |
| Number of Funding Rounds | N/A |
Financials
| Customer/Products segments | Business Accounts, Individual/Retail Account, Credit Card: Mastercard Business, Credit Card Mastercard Personal, |
|---|---|
| Key product offering | Since 2005, we’ve created easier ways for more than 1.5m customers to pay, bank and borrow through our user-friendly digital platform. |
| Banking license | No |
| Type of customers | Retail Customers, Business - SMEs |
| Number of customers | 2,200,000 total cards issued to date |
| Estimated revenue | $1M to $10M |
| Number of investors | N/A |
| Number of lead investors | N/A |
| Names of lead investors | N/A |
Tech stack
Competitors
| Founding Date | Type | Tags | |
x Safened Safened is a regulated payment institution... | 2014 | Private | |
x first direct first direct is a leading UK bank providing... | 1989 | Private | Challenger banks, fintech |
x Cogni Cogni is the people-driven digital banking app... | 2018 | Private | Challenger banks, fintech |
x Doconomy Doconomy is a new company that aims to find... | 2018 | Challenger banks, fintech | |
x Jumio Jumio helps organizations meet regulatory... | 2010 | Private |
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