UK-based Advanced Payment Solutions (trading as APS Financial) has launched a new mobile platform as it looks to compete with “neo” mobile banks. New services include the ability to set up a new account via the Cashplus app. Customers can also manage payments and transfers, get “instant access” to their money or arrange overdrafts using […]
Advanced Payment Solutions (APS) has secured a credit licence from the UK’s regulator, Financial Conduct Authority (FCA). And whilst APS is not a bank, it competes with them. So is going through the pains for getting a banking licence really worth it, asks Rich Wagner, CEO and founder APS. We regularly see news of challenger finance […]
Advanced Payment Solutions (trading as APS Financial) has secured a credit licence from the UK’s Financial Conduct Authority (FCA). This development allows APS to carry out consumer credit lending (including high-cost short-term credit lending) to its customer base of micro SMEs, sole traders and consumers. Rich Wagner, CEO and founder, APS Financial, says: “This credit […]
