Open information fintech Moneyhub is teaming up with fellow fintech suppliers, Rebcat and Navos Applied sciences.
Through the partnership, the three corporations will work collectively to develop options to assist giant monetary establishments supply customized monetary recommendation to their prospects.
U.Okay.-based Moneyhub made its Finovate debut at FinovateEurope 2015 in London.
Open information fintech supplier Moneyhub introduced a brand new partnership this week. The U.Okay.-based agency has teamed up with fellow fintechs Rebcat and Navos Applied sciences to assist monetary establishments supply customized monetary recommendation and steerage to their prospects. The businesses will collaborate to launch various customized plug-and-play companies, focusing initially on closing the so-called “recommendation hole.” Moreover, the companies can even embrace monetary administration, investments, and mortgages.
Moneyhub CEO Samantha Seaton pointed to regulatory modifications within the U.Okay. as one of many developments that guided the partnership resolution. “The upcoming modifications to the Knowledge Invoice and the FCA’s proposals to calm down the advice-guidance boundary spotlight the numerous position of digital recommendation companies sooner or later,” Seaton stated. “We’ve got seen first-hand how superior and sturdy Rebcat know-how is and are delighted with this partnership and the alternatives it brings to unlock monetary wellness for extra individuals.”
The joint assertion makes clear that Rebcat’s know-how is on the core of the providing. The agency is a spin-out of OpenMoney, a digital adviser that Octopus Group acquired in 2023. With practically 20,000 prospects, Rebcat supplies a variety of B2B monetary companies. These embrace white-labeled, end-to-end funding and mortgage recommendation, in addition to a bespoke private finance and engagement app. Headquartered in Manchester, Rebcat leverages Open Knowledge to assist corporations supply their prospects customized assist and recommendation. Based mostly in Bristol, Navos Applied sciences supplies companies starting from constructing digital methods to implementing efficient cybersecurity. Based in 2020, the corporate leverages its 120 years of mixed expertise at U.Okay. funding platform Hargreaves Lansdown to assist corporations attain their digital transformation objectives.
A Finovate alum since its debut at FinovateEurope in 2015, Moneyhub helps seamless connections through a single supply to 1000’s of monetary establishments in 37 international locations. This permits monetary companies corporations to entry a complete view of their prospects wants, habits, preferences, and aspirations. Banks, pension corporations, wealth managers, lenders, retailers, and insurers all use Moneyhub’s open information platform to remodel information into customized digital experiences and insights – in addition to provoke funds.
Headquartered in Bristol, Moneyhub was based in 2011. The corporate started this yr by incomes a spot as a provider on Crown Business Service’s (CCS) Open Banking Dynamic Buying System (DPS) framework for its Open Banking and Fee companies. CCS is an Govt Company of the Cupboard Workplace. The entity helps the general public sector safe most industrial worth when procuring items and companies.
Photograph by Lisa Fotios
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