Duncan Cockburn steps down as OneBanx CEO to join insurtech unicorn Zego
Duncan Cockburn has announced that he is stepping down as CEO of OneBanx, the UK fintech he founded in 2019.
Duncan Cockburn to leave OneBanx for Zego (Image: LinkedIn)
Cockburn took to LinkedIn last week to confirm his decision to “step back from the role and embark on a new challenge”.
This new challenge, he reveals, will see him installed as the interim finance director of London-based automotive insurtech Zego.
Cockburn’s departure comes after cash technology solutions provider Glory acquired a majority stake in OneBanx in July 2023, before picking up additional shares in December.
On this, he affirms that he has “no doubt that OneBanx will continue to grow under new leadership”, and he plans to continuing supporting the firm in an advisory capacity.
OneBanx operates a shared banking solution which provides both individual and business managed services for cash transactions through assisted service and advanced self-service functions.
Under Cockburn’s leadership, the start-up claims its solution has completed “thousands” of transactions for all major UK banks and their accountholders.
“Building OneBanx from initially just an idea, to now, a subsidiary of Glory has been an incredible experience and I am immensely proud of what we have achieved together,” Cockburn writes.
