The private banking startup has come out of stealth mode
IN BRIEF:
- Kashet leadership team includes Alex Wilmot-Sitwell from Bank of America and UBS and Andrew Brookes of Bank of England
- It intends to offer a membership-based wealth management app
- Kashet has already obtained FCA licenses in the UK, including E-Money, AISP, and PISP licenses
What does this mean?
Kashet co-founder and joint CEO, Chris Jones, highlights the company's ethos: "We are thinking beyond banking and focused on creating exceptional financial services that people trust and love to use. We intend to provide personalised experiences for clients. The company plans to partner with private banks across Europe that need access to ground breaking technology solutions."
