Four years after first digitising personal savings accounts, UK commercial bank DF Capital has reconvened with banking tech provider Fintilect to enable “full online self-serve functionality” for its suite of SME business savings accounts.DF Capital partners Fintilect for online SME savings accountsNow powering both account types is Fintilect’s low-code digital banking platform Interact, which features pre-built components for digital onboarding, payments and omnichannel engagement, among others.DF Capital, which specialises in B2B inventory finance solutions and retail savings products, will use the platform to extend its online offering with notice and fixed-rate deposit accounts for SMEs. The exact date of launch for this offering has not been disclosed.The bank initially partnered with Fintilect, then known as ieDigital, in 2021, to develop an online savings platform in collaboration with Mambu.Headquartered in Manchester, DF Capital claims to have provided over £4 billion in financing across a range of commercial and leisure industries. The bank employs more than 100 staff and offers business savings accounts with deposit limits ranging from £20,000 to £250,000.
Lun. Gen 20th, 2025
