Open knowledge fintech Moneyhub is teaming up with fellow fintech suppliers, Rebcat and Navos Applied sciences.
Through the partnership, the three firms will work collectively to develop options to assist giant monetary establishments provide personalised monetary recommendation to their clients.
U.Okay.-based Moneyhub made its Finovate debut at FinovateEurope 2015 in London.
Open knowledge 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 provide personalised monetary recommendation and steering to their clients. The businesses will collaborate to launch a lot of personalised plug-and-play providers, focusing initially on closing the so-called “recommendation hole.” Moreover, the providers may also embrace monetary administration, investments, and mortgages.
Moneyhub CEO Samantha Seaton pointed to regulatory adjustments within the U.Okay. as one of many developments that guided the partnership resolution. “The upcoming adjustments to the Knowledge Invoice and the FCA’s proposals to chill out the advice-guidance boundary spotlight the numerous function of digital recommendation companies sooner or later,” Seaton mentioned. “We now have 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 almost 20,000 clients, Rebcat offers a spread of B2B monetary providers. 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 firms provide their clients personalised assist and recommendation. Primarily based in Bristol, Navos Applied sciences offers providers 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 firms attain their digital transformation targets.
A Finovate alum since its debut at FinovateEurope in 2015, Moneyhub helps seamless connections through a single supply to 1000’s of economic establishments in 37 international locations. This allows monetary providers firms to entry a complete view of their clients wants, habits, preferences, and aspirations. Banks, pension firms, wealth managers, lenders, retailers, and insurers all use Moneyhub’s open knowledge platform to remodel knowledge into personalised digital experiences and insights – in addition to provoke funds.
Headquartered in Bristol, Moneyhub was based in 2011. The corporate started this 12 months by incomes a spot as a provider on Crown Industrial Service’s (CCS) Open Banking Dynamic Buying System (DPS) framework for its Open Banking and Cost providers. CCS is an Government Company of the Cupboard Workplace. The entity helps the general public sector safe most industrial worth when procuring items and providers.
Picture by Lisa Fotios
