Gatehouse Bank has announced a partnership with Flagstone, which will see the sharia-compliant bank promote its products to the latter’s clients.
Flagstone is a cash deposit platform for wealth managers and has a client base made up of corporates, charities and high-net-worth individuals.
Charles Haresnape, CEO at Gatehouse Bank (pictured above), said that it was delighted to partner with Flagstone at this exciting time of growth for the bank.
“The Flagstone platform is recognised by clients as a powerful cash management tool, and we believe that the combination of Flagstone’s platform and Gatehouse Bank’s competitive products will prove to be a big success.
“We look forward to working closely with Flagstone, as we continue to grow and expand our offering.”
Andrew Thatcher, co-founder and co-managing partner at Flagstone, added: “We’re delighted to welcome Gatehouse Bank to the Flagstone platform and to expand the range of attractive term deposit rates available to our clients on completion of just a single application, empowering them to generate more income, reduce risk and eliminate administrative hassle.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
OakNorth adds former PRA director to advisory board
OakNorth has appointed Martin Stewart as an independent adviser on its advisory board...
HM Treasury to discuss diversity at FP Show
Representatives from HM Treasury’s Women in Finance Charter team will take part in a panel discussion on the role of diversity targets at the Finance Professional Show...
Aldermore agrees over £200m of new invoice finance facilities
Aldermore has announced that it has delivered over £200m of new invoice finance facilities to UK SMEs in the last 12 months...
CYBG completes acquisition of Virgin Money
CYBG has completed its acquisition of Virgin Money...
Penta raises €7m in latest investment round
Business bank account Penta has announced that it has raised €7m for its Series A investment round...
STB Commercial Finance opens Leeds office
Secure Trust Bank (STB) Commercial Finance has opened a new office in Leeds as it continues its national expansion...
Starling expands payment services and banking-as-a-service offer
Starling Bank is expanding its banking-as-a-service and payment services offer to enable other companies to offer retail banking and make payments...
Tandem launches Journey Card
Digital bank Tandem has launched a new credit card to help users who don’t have a credit history to build a strong profile...
Starling set to launch business accounts for multi-director limited companies
Starling Bank has announced that the bank would soon open its business accounts for limited companies with multiple directors...
Aldermore increases rates on business savings products
Aldermore has increased rates across its fixed rate and customised fixed rate (CFRA) business savings accounts...
Teachers Building Society amends lending criteria
Teachers Building Society has updated and amended its lending criteria to provide intermediaries with a detailed overview of its requirements for both teacher and non-teacher applicants...