Akoni Hub partners with Skipton International to provide enhanced savings management services

Bank and Market Updates
Fintech

Akoni Hub has formed a partnership with Skipton International to make the banks range of savings products available on Akoni's unique cash management platform. Akoni's customers are now able to place money in Skipton International's offshore savings accounts via its online system.

Akoni Hub is a cash management platform for wealth managers and SMEs and has a client base made up of corporates, charities and high-net-worth individuals. The platform enables the easy opening and managing of multiple savings accounts, providing customers with a single view of all of their cash, no matter where it is held. Those opening an Akoni account can access a range of savings accounts from multiple banks, now including Skipton International.

Skipton International is a leading offshore bank, licensed in Guernsey, offering a wide range of offshore savings accounts and Channel Island and UK Buy-To-Let mortgages. The bank is renowned for its excellent customer service and is a twice-awarded Feefo Platinum Trusted Service winner.

Nigel Pascoe, Director of Business Development, said “We hope that the combination of Akoni’s platform and Skipton’s competitive products is a great opportunity to extend our position in the savings market.

“We look forward to working closely with Akoni Hub and making our savings solutions available on their platform.”

Felicia Meyerowitz Singh, co-founder and CEO at Akoni Hub, added: “We’re delighted to welcome Skipton International to the Akoni Hub platform.

“This partnership expands the range of attractive savings products available to our clients to provide them with better rates of interest, all within one online application.” 

Skipton International is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 1994, as amended. Further information can be found here: https://www.skiptoninternational.com/about-us 

About Skipton International

Skipton International is established in Guernsey and is a bank wholly owned by Skipton Building Society, the fourth largest building society in the UK. They offer a range of residential mortgage options for Guernsey and Jersey residents, UK buy-to-let products for non UK residents and sterling offshore savings accounts.

Skipton International Limited (Skipton), registered in Guernsey: 30112, is a wholly owned subsidiary of Skipton Building Society. Skipton is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 1994, as amended. All agreements with Skipton are completed in Guernsey and governed by Guernsey law. Skipton is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £50,000, subject to limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme's website www.dcs.gg or on request. Your tax treatment will depend on your individual circumstances and may be subject to change in the future

Find out more about Akoni: Akoni is an award-winning UK cash platform, which provides a marketplace to financial advisors and wealth managers through a bespoke white-label offering, or off-the-shelf offering. Akoni uses innovative technology to personalise cash planning solutions for clients, and also provides a full API solution to banks and insurance clients.

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