Ecospend has helped HMRC process over £13bn worth of open banking payments
IN BREIF:
Lord Chris Holmes MBE is a former Paralympic champion swimmer and tech advocate
Since 2021 Ecospend has been exclusive provider of account-to-account payments for HMRC
Ecospend said over 3m customers had made £13bn worth of tax payments, including £2.3bn in January alone
What does this mean?
“Open Banking payments in the UK have grown massively in the last five years, as highlighted by the various use cases including HMRC's Pay-by-Bank solution, however as part of our growth ambitions we are looking to grow our presence outside of the UK as well,” said James Hickman, chief commercial officer of Ecospend. “We believe Lord Holmes will be a key part in that process.”
