Manchester-based fintech PBF Solutions acquired by Europe’s #1 savings marketplace

Deal will lead to UK expansion and create new jobs in Manchester Raisin GmbH, the leading European deposit marketplace, has acquired Manchester-based financial technology specialist PBF Solutions to offer deposit raising services for UK banks and a more attractive deal for UK savers. “Raisin has created by far the leading marketplace for savings products in […]

Savers have invested over £3 Billion with new entrant banks through PBF Solutions

PBF has attracted over £3.1 billion in new savings deposits and on-boarded over 150,000 customers in just over three years for new entrant challenger banks and overseas banks either entering the UK retail banking market or diversifying distribution. Working with firms including Axis Bank UK, Bank of Cyprus UK and United Bank UK , we have […]

Consumer Insight: Past the Finishing Line

PBF Client Services Manager Michelle Davies looks at tips to getting consumers past the finishing line when it comes to online account opening. Just as online banking has overtaken its branch and telephone-based counterparts, savers increasingly expect to be able to both open and fund a new account seamlessly over the internet. But it’s one […]

SavingsDeals.co.uk opens its doors to UK savers

PBF has launched SavingsDeals.co.uk, a new savings account comparison service focused on bringing UK savers the most competitive savings products from “challenger” and new-entrant banks. The site has been built from the ground up specifically for comparing financial products with user-friendly interface that takes personal metrics, such as investment amount, length and type to offer […]

PBF at the Association of Foreign Banks

PBF’s Phil Alcock and Kevin Mountford were at the Association of Foreign Banks’ conference this month, with Phil presenting on the topic of “Challenges and Opportunities with Customer On-boarding” for banks. In his speech, Phil looked at the changing behaviour of UK consumers and how this impacts online deposit-raising both from consumer journey and regulatory […]

PBF Solutions Helps New Banks Attract Over £3 Billion in Savings

Financial technology and marketing services specialist PBF Solutions has attracted over £3.1 billion in deposits and on-boarded over 150,000 customers in just over three years for new entrant challenger banks and overseas banks either entering the UK retail banking market or diversifying distribution. The firm, which counts Axis Bank UK and Bank of Cyprus UK […]

PBF launches SavingsDeals.co.uk to offer savers compelling rates from Challenger Banks

Financial technology and marketing services specialist PBF Solutions has announced it has launched SavingsDeals.co.uk, a new savings account comparison service focused on bringing UK savers the most competitive savings products from “challenger” banks. Unlike many other comparison sites, SavingsDeals.co.uk offers the convenience of a single application process, enabling consumers to register just once in order […]

What is the impact of the new £85k FSCS protection limit?

The end of January saw a boost for savers as the Financial Services Compensation Scheme (FSCS) raised its limit for savings protection by £10,000 to £85,000.  FSCS chief executive Mark Neale said: “Our new limit will protect about 98% of the UK public. So people can be sure their money in banks, building societies and […]