The Top 5 Banking as a Service Providers in the UK

Banking as a service is one of the hottest trends in fintech today with fintechs, service providers and banks all getting into the game to provide various banking services; AltFi takes a look at the UK’s banking as a service market and the top 5 companies providing the technology; Thought Machine, Starling Bank, Bankable, 11:FS Foundry and ClearBank comprise the list; all the companies have a range of clients from all across Europe showing the strength and depth of the market; each company comes at BaasS from a different perspective with Thought Machine’s focus on core banking; Starling Bank starting with API based payment rails and moving towards current accounts; Bankable started with payments and has moved into virtual ledgers, current accounts, etc.; 11:FS Foundry started as a consultancy but has since added current accounts, lending and wealth management; ClearBank who started as a clearing bank but has since added core banking. Altfi

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.