Fintech providers Rebcat Technology, Moneyhub, and Navos Technologies have joined forces to develop and deliver next-generation technology that will enable large financial institutions to provide personalised financial support, guidance, and advice to their customers – providing a much-needed advice life-line for the many who fall into the advice gap.
The three businesses are pooling their collective skills, knowledge, and data to provide a range of personalised plug-and-play services to organisations committed to improving the value they provide to all customers - ensuring that no one is left behind.
With Rebcat’s tried and tested technology at the core of the offering, early solutions focus on bridging the advice gap suffered by millions of individuals across the UK and will include essential financial management, protection, investment, and mortgages.
Commenting on the partnership, Rebcat founder and CEO Anthony Morrow said: “The FCA, through Consumer Duty and subsequent actions, consultations, and statements, has put real consumers at the heart of its thinking and future plans. While this provides huge challenges for organisations, especially those with large legacy client bases, it also provides tremendous opportunities for those who can spot them and are willing to embrace the changes needed to capitalise on them.
By working with Navos and Moneyhub, we are not only partnering with two of the most respected and admired organisations operating in and around the sector but also ensuring the solutions we develop are at the very cutting edge of what the market has to offer. We are already seeing considerable appetite from forward-thinking organisations eager to develop further and demonstrate the value they offer clients.”
Moneyhub CEO Sam Seaton said: “The upcoming changes to the Data Bill and the FCA’s proposals to relax the advice-guidance boundary highlight the significant role of digital advice businesses in the future. We have seen first-hand how advanced and robust Rebcat technology is and are delighted with this partnership and the opportunities it brings to unlock financial wellness for more people.”
Navos CEO and Founder David Davies commented: “With our understanding of the advisory and wealth industry, dovetailed with our unique positioning in delivering innovative solutions, we are proud of the relationship that we are building with Anthony and the team at Moneyhub. We are confident this will lead the way in providing a much-needed digital solution and create positive outcomes for both firms and clients whilst driving efficiencies and increasing engagement.”
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About Moneyhub
Moneyhub is a data, intelligence, and payments company which develops ISO 27001 certified software for Open Banking, Open Finance, and Open Data applications. Its FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics they need to create super-personalised offers, products, and services. Hundreds of organisations, spanning finance to media and retail, rely on Moneyhub’s award-winning technology.
About Navos Technologies
Navos is a specialist technology solutions provider founded by ex-CIO of Hargreaves Lansdown David Davies. Headquartered in Bristol, the business specialises in combining years of expert knowledge and experience with a proven track record of delivering innovative solutions to help organisations operating in and around the financial services sector navigate tomorrow’s technology challenges today.
About Rebcat Technology
Rebcat provides technology to financial services companies looking to enhance their customer proposition through digitisation and advice services.The spin-out of OpenMoney, the digital adviser acquired by Octopus Group in 2023, its technology has been proven in a regulated and scaled environment providing advice and administration to almost 20,000 customers. Focusing on the B2B market, Rebcat’s services range from full, white-labelled end-to-end investment and mortgage advice to a bespoke personal finance and engagement app harnessing Open Data technologies, all designed to enable companies to provide personalised support and advice to customers.