Moral, UK-based financial savings and mortgage Charity Financial institution introduced a strategic partnership with digital banking options supplier Sandstone Know-how to energy growth of its cellular financial savings app.
Charity Financial institution and Sandstone Know-how have been collaboration companions for greater than a decade.
Headquartered in Sydney, Australia, Sandstone Know-how made its Finovate debut at FinovateEurope 2012, and most lately demoed on the Finovate stage at FinovateEurope 2016.
Charity Financial institution has cast a strategic partnership with Sandstone Know-how to energy growth of its new cellular financial savings app. The app will supply quite a lot of enhanced, self-service capabilities, characteristic sturdy safety, and supply a set of contemporary instruments to assist meet the wants of Charity Financial institution’s prospects. The know-how helps seamless updating, fast product launches, and a constant consumer expertise. The app is anticipated to be out there to Charity Financial institution prospects within the spring of 2026.
“Partnering with Charity Financial institution on this initiative is each thrilling and rewarding,” Sandstone Know-how Chief Buyer Officer Jennifer Harris stated, “Cellular is now the channel of selection throughout all demographics, and this answer displays the significance of delivering banking experiences which can be intuitive, versatile, and future-ready. Our collaboration is constructed on belief and innovation, and this venture showcases our shared imaginative and prescient for the subsequent era of digital banking.”
Charity Financial institution is an moral financial savings and mortgage wholly owned by charitable foundations, trusts, and social function organizations. The establishment makes use of savers’ deposits to offer loans to organizations within the UK which can be working towards constructive social change for people, communities, and the atmosphere. Since 2002, Charity Financial institution has lent greater than £600 million to charities and social enterprises throughout the UK.
Sandstone Know-how is a long-time know-how accomplice of Charity Financial institution, having collaborated for greater than a decade. The present partnership to develop the establishment’s cellular app represents the most recent milestone in Charity Financial institution’s digital transformation journey designed to boost the client expertise and make entry to moral banking out there to extra banking prospects.
“We’re thrilled to take this subsequent step with Sandstone Know-how,” Charity Financial institution Director of Operations and Financial savings Justin Hort stated. “Launching a cellular app is a significant milestone that displays our dedication to evolving with our savers’ wants. We’re centered on delivering a seamless, trendy and intuitive expertise—and with Sandstone’s confirmed monitor file, we knew they have been the best accomplice to carry this imaginative and prescient to life.”
Headquartered in Sydney, Australia and based in 1996, Sandstone Know-how made its Finovate debut at FinovateEurope 2012. The corporate, which gives options for mortgage origination, digital banking, and digital onboarding, most lately demoed on the Finovate stage at FinovateEurope 2016. Abhish Saha was appointed CEO in 2022 after beforehand serving because the Govt Normal Supervisor of the corporate’s Digital Banking & Elevate enterprise unit. Saha changed Michael Phillipou, who had been Sandstone Know-how’s CEO since December 2020.
Extra lately, Sandstone Know-how earned recognition for its partnership with UK-based Chetwood Financial institution, serving to the establishment deploy its digital financial savings platform that has contributed to a 39% improve in prospects finishing the applying course of and opening a financial savings account.
Picture by Mark Hansen on Unsplash
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