A global partnership has been formed with the motive of expanding financial inclusion between OneBanks and Nuapay.
A new concept in retail banking, OneBanks will provide fully-manned, accessible kiosks in retail locations with limited or no banking facilities. The offering is anchored in ground-breaking technology and open-banking.
OneBanks founder & CEO, Duncan Cockburn commented: “Both fast-growth businesses, Nuapay and OneBanks share a vision to provide financial inclusion for everyone. Making sure that no-one is left behind. We will be providing everyday banking to people and SMEs in communities where high street banks no longer have the locations they would like. Nuapay is an innovative future-facing company and we have many joint initiatives on the horizon.
“The last few months have seen a radical change in the world as we know it, and it’s no surprise people are drawn towards brands that listen to their new wants and needs. OneBanks wants to be a part of this new world and is using new, advanced technology to do something a little old fashioned: bring banking back to people.”
Sentenial Chief Commercial Officer, Brian Hanrahan added: “OneBanks is a remarkable new Fintech harnessing the possibilities unleashed by open banking and real-time payments to create a compelling service with positive social outcomes. We are delighted that they have chosen to build their business on top of the Nuapay platform and we look forward to a ground-breaking partnership.”