Chetwood is a digital bank with a difference. Since earning our full UK banking licence in 2018 (the only retail bank to do so that year), we’ve focused on creating distinctive and disruptive financial products for underserved segments of the market.
Our brand-led propositions are designed alongside our customers to meet specific needs and ensure that people are truly better off. This means that unlike traditional banks, we don’t cross-sell to our customers. Our business model is designed to keep costs low, using leading cloud-based technology and digital distribution partners to pass savings onto our customers.
We enable other businesses to expand their own propositions for both commercial and customer benefit too. Our Banking-as-a-Service model provides the banking licence, the balance sheet and the technology to enable both new entrants to financial services and existing players to expand their propositions with no upfront investment.