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The Centre for Social Justice cites financial exclusion as one of the main causes of social exclusion

For almost ten years, Contis has been at the forefront of the Credit Union movement, having created a current account product specifically for this sector. Applicants are not credit checked and can receive their account, with Contis’ award-winning Envelope Facility™ budgeting capability, typically within two minutes.

The Problem

In the UK, 11% of low-income households still don’t have access to bank accounts. The rise of high interest lending has also led to 7 million households in the UK unable to access affordable credit. This financial exclusion, coupled with poor money management and a lack of savings, are all key drivers of social exclusion in the UK.

The Solution

Contis is working with the Credit Union movement, providing specially-configured current accounts with award-winning budgeting and cash-back features to address these drivers of social exclusion. Together with Contis, Credit Unions not only provide responsible lending and high-return savings accounts, but current accounts that help customers take charge of their finances.
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News & Insight

Contis appoints Group Chief Commercial Officer

Contis has announced the appointment of Andy Patton as its new Group Chief Commercial Officer.

Patton will focus his 25 years of leadership experience across financial services, fintech and global consumer brands to identify and drive value for Contis’ partners. Based out of Contis’ London office, Andy will be responsible for building Contis’ partnerships with existing customers and delivering business from new partners.

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