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Recognise Bank launches on the Insignis platform

January 16, 2024

Recognise Bank Joins the Insignis Platform

As we step into a new year, we’re excited to welcome Recognise Bank as the latest addition to the Insignis panel of deposit-takers.

Founded in 2017 by a team of experienced business owners, Recognise Bank was created to address the disconnect between traditional banking and the needs of modern SMEs. Since receiving its banking licence in 2021, the bank has grown rapidly, building a strong community of personal and business customers who value its service-led approach.

Ronelle Arbib, Chief Operating Officer at Recognise Bank, said:

“We are delighted to share the news of our collaboration with Insignis. At Recognise Bank, we take pride in offering a wide range of personal and business savings accounts with competitive interest rates, FSCS protection (if eligible), and highly rated customer service. Through this partnership, we look forward to contributing to the financial wellbeing of UK savers.”

Recognise Bank joins over 40 banks and building societies available on the Insignis platform.

This partnership expands the range of savings products available to clients while helping to optimise FSCS protection (if eligible) in today’s interest rate environment.

Paul Richards, Chairman of Insignis, said:

“We are proud to partner with Recognise Bank and add their products to our extensive range of savings solutions. This specialised institution offers FSCS-protected savings accounts with competitive interest rates, and their addition helps reinforce our commitment to supporting clients in managing their cash securely and effectively.”

Recognise Bank’s savings products are now available via the Insignis platform, enabling clients to access a broader range of options and continue making informed, confident decisions about their cash.

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