SME digital banking service Cashplus expands Marketplace

By Oliver Smith on Monday 16 September 2019

Digital Banking

Sage, Wix and Square added to the Cashplus Marketplace.

SME digital banking service Cashplus expands Marketplace
Image source: Cashplus Commercial Director Nick Biggam.

Cashplus, the UK SME banking service with over 100,000 customers, is expanding its marketplace of third-party financial products to 11 providers.

New services which can now be accessed by Cashplus customers include WeWork, website builder Wix and payments provider Square.

“We are delighted to have added such a range of fantastic brands to our growing SME marketplace. We want to create the go-to destination for start-ups and SMEs to gain support and grow their businesses – whether through our banking services or a hand-picked partner service,” said Nick Biggam, Commercial Director of Cashplus.

Cashplus claims to currently provide seven per cent of all new UK business accounts, with its plan to reach 10 per cent over the next five years.

Other providers now in its marketplace include Sage accounting, bill-switching service Look After My Bills and IPSE, The Association of Independent Professionals and the Self-Employed.

Like its digital banking rivals Starling Bank and Tide, all of Cashplus’s services are available via the firm’s mobile app or website.

“These partnerships help to ensure our customers can work smarter, focusing on running their businesses rather than on stresses about logistics and financing. We hope to keep expanding this marketplace to help growing UK businesses be more productive,” said Biggam.

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