Over 40,000 prospects shared their suggestions on monetary providers within the UK. Revolut, Starling and Monzo are the challenger banks among the many 2020 winners.
The British Financial institution Awards 2020, run by Sensible Cash Individuals, is now in its sixth 12 months, and has been affectionately described as “The Oscars of the Banking World” as challengers, incumbents and every thing in between comes collectively for the occasion. The 2020 occasion has seen a notable improve in prospects reviewing the monetary establishments, rising from 27,000 to 40,000.
[image: Starling Bank Team at the British Bank Awards 2020]
Starling Financial institution swept up three awards on the occasion: ‘Greatest Present Account Supplier’, ‘Greatest Enterprise Banking Supplier’ and ‘Greatest British Financial institution.’ Anne Boden, founder and CEO of Starling Financial institution stated: “Our continued concentrate on the client is what drives us and we’re proud to proceed to be the Greatest British Financial institution, offering present and enterprise accounts and nice choices reminiscent of our market, aggressive international forex charges and forward-thinking cellular banking. An enormous thanks to all who voted for us.”
One other buyer centric financial institution value mentioning is sustainable banking chief Triodos Financial institution, which was launched in 2017. It received ‘Greatest British Financial institution” runner up and was additionally awarded the ‘Buyer Service Champion’ award. Bevis Watts, CEO of Triodos Financial institution stated: “In these instances of elevated consciousness round local weather change and social inequality, our dedication to make use of cash to positively affect these points has by no means felt extra related.”
“We merely couldn’t have the influence that we do with out our prospects, so to win this award voted for by them is a big honour. We’re celebrating 25 years of working within the UK this 12 months, and hope to encourage extra individuals to demand that banks use their cash to be a power for good by ensuring that’s invested sustainably and with social objective.”
Fintech Monzo continues to earn recognition for its user-friendly interface and environment friendly cellular fee capabilities because it received “Greatest Banking App’ for the second 12 months in a row. Although Revolut continues to dominate the UK as the most important digital financial institution, it solely took house one prize: ‘Innovation of the 12 months.’
Conventional banking nearly continues to carry its worth towards fintech startups as NatWest bagged ‘Greatest Mortgage Supplier’.
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