Money, investing, mutuals etc
- Posts: 1641
- Joined: Tue Jun 29, 2010 5:21 pm
- Has thanked: 541 times
- Been thanked: 1746 times
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.
- Posts: 5225
- Joined: Tue Nov 23, 2010 4:52 pm
- Location: Going down the Wednesbury Road
- Has thanked: 425 times
- Been thanked: 1584 times
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.
- Posts: 732
- Joined: Fri Jul 02, 2010 1:04 pm
- Has thanked: 47 times
- Been thanked: 594 times
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.
Users browsing this forum: No registered users and 1 guest