Money, investing, mutuals etc
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AFAIK Ecology don't have any sort of online capability - you even have to download and mail forms for new account opening. Looks like a way of getting Ecology some up to date tech without having to invest money they probably don't have. Fair enough if they're both confident of it working as a long term relationship.
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i hadn't noticed this pp.
there isn't much detail at all, but it will be interesting to see what they come up with together.
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I've never heard of ClearBank. So I looked 'em up.
First new clearing bank in a couple of centuries. Set up in 2015 by Nick Ogden, the same chap who set up WorldPay. Look like they have no intention of doing anything so humdrum as touting for deposits or lending money, Their aim seems to be to offer agency banking services to other fintech companies complete with the kind of back office functionality that provides current accounts.
The deal with Ecology maybe their first deal.
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