Chetwood Financial: Acquired a full banking licence from the UK’s PRA

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Chetwood Financial: Acquired a full banking licence from the UK’s PRA

  • The bank claims to differ from the traditional banking model of “owning customers” and cross selling products
  • Focusing on identifying market failings and developing specific products that can really make a difference for targeted groups of people
  • The bank based in Wrexham (Wales) and claims to operate at much lower costs and founded in 2016 by ex-HSBC senior banker Andy Mielczarek and Mark Jenkinson
  • Chetwood operates on cloud-based technology platform Yobota