Cashplus is looking to recruit 400 additional staff over the next five years as it plans to become the 'now generation' SME specialist bank.
The digital challenger to banks – which launched 13 years ago – has more than 1.3 million UK customers, including 100,000-plus SME owners.
Its headquarters are located near London Bridge, while its customer services team is based just outside of Liverpool.
Cashplus is aiming to more than double the size of its current workforce by 2022, and has already begun hiring for some positions, with available roles advertised on its LinkedIn page.
“This is an exciting time in our history as we now move to become a challenger bank,” said Rich Wagner, CEO and founder of Cashplus (pictured above).
“We've got here because of the drive and determination of our people, who continually push the boundaries of traditional banking for the benefit of our customers – those typically overlooked by the high street banks.
“If you're looking for an exciting and energetic environment, and want to be part of our mission to expand the range of the banking and lending products and services we offer our business customers as we become a bank – then join us.”
Cashplus has been authorised and regulated by the FCA for over a decade.
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Sainsbury’s Bank withdraws all base rate tracker products
Sainsbury’s Bank has removed all of its base rate tracker mortgage products with immediate effect...
Leek United extends mortgage offer period
Leek United Building Society has announced that it has doubled the offer period on its mortgages from three to six months...
STB strengthens real estate finance division
Secure Trust Bank (STB) has announced the appointment of Chris King (pictured above) and Andy Thomson to lead the company’s real estate finance division across London and the South East...
CYBG and Virgin Money agree takeover offer
The boards of Virgin Money Holdings (UK) PLC and CYBG PLC have agreed the terms of a recommended all-share offer to be made by CYBG for Virgin Money...
UTB extends max loan size on second charge mortgages
United Trust Bank has increased the maximum loan size on its second charge mortgages from £250,000 to £400,000...
BBB launches online information hub
The British Business Bank has introduced an online hub that provides information regarding the finance options available to scale-up, high-growth and potential high-growth smaller businesses...
Metro Bank updates mortgage rates
Metro Bank has refreshed the rates across its residential, buy-to-let (BTL) and large loan ranges...
Our response to the Treasury committee's SME finance inquiry
Earlier this year, the Treasury committee launched an inquiry into SME finance looking at a number of issues...
Anthony Browne joins Coconut board
Coconut – the smart current account for freelancers and the self-employed – has appointed Anthony Browne (pictured above) to its board...
Cambridge & Counties to launch new products and expand UK reach
Specialist bank Cambridge & Counties has revealed that it aims to cover the entire country within the next few years, as well as expanding its product suite...
OakNorth provides £7.3m loan to luxury hotel chain
OakNorth has completed a £73m loan to Z Hotels, bringing its total lending to the hotel group to £225m...