Zempler Bank
British challenger bank and prepaid card operator From Wikipedia, the free encyclopedia
Zempler Bank, previously known as Cashplus is a British challenger bank and prepaid card operator that is a trading name of Zempler Bank Limited. Zempler Bank provides business bank accounts and contactless Mastercard cards in the UK.
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Owner | Zempler Bank Limited |
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Country | United Kingdom |
Introduced | 2005 |
Markets | Financial services |
Website | www |
History
Zempler Bank was initially a prepaid card operator launched in the UK in 2005 under the name Cashplus.[1] As of 2008, it had become the top prepaid service in Europe using Mastercard credit cards.[2]
It applied for a banking licence in 2017, then transformed into a fully regulated UK bank after acquiring its banking license in 2021, thereby becoming Cashplus Bank.[3][4]
In July 2024, Cashplus Bank rebranded to Zempler Bank.[5][6]
References
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