3 years ago

OneBanx Raises £1.27 Million to Expand Shared Banking Kiosks

  • OneBanx, a UK-based fintech startup, has raised £1.27 million through a crowdfunding campaign to expand its network of shared banking kiosks across the UK

  • The company aims to address the issue of high street bank closures by providing in-person banking services to customers of any bank

  • OneBanx currently operates four locations in partnership with the Co-operative Group and TSB, and plans to use the new funding to expand its reach and offer services like cash deposits, withdrawals, payments, and online banking support.

      • ProblemFinancial Services

      "Millions of people in the UK rely on in-person banking services but are underserved due to the closure of thousands of bank branches."

      Solution

      "OneBanx provides shared kiosks where customers of any bank can access essential banking services, bridging the gap created by branch closures and ensuring financial inclusion."

      Covered on