A new kind
of bank.

We create targeted products to make people better off.

What we do

Chetwood is a digital bank with a difference. Since earning our full UK banking licence in 2018 (the only retail bank to do so that year), we’ve focused on creating distinctive and disruptive financial products for underserved segments of the market

Our brand-led propositions are designed alongside our customers to meet specific needs and ensure that people are truly better off. This means that unlike traditional banks, we don’t cross-sell to our customers. Our business model is designed to keep costs low, using leading cloud-based technology and digital distribution partners to pass savings onto our customers.

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SmartSave provides better fixed term, fixed rate savings accounts, offering a simple way to save online at a great rate - for new and existing customers.

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BetterBorrow offers customers a quick and simple loan; one with an instant online decision, their personalised rate upfront and their money in minutes.

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The LiveLend Reward Loan is a world first; a truly dynamic loan that adapts to improvements in our customers’ credit score. As their score goes up, their rate comes down.

In the news

How consumers can rebuild in the aftermath of high inflation

Chetwood Financial acquires CHL Mortgages for Intermediaries

Navigating Financial Stress: Tools and Strategies for a Secure Future

Making the most of the fixed-term savings opportunity

SmartSave exceeds £2bn in deposits

Navigating Debt: A Path to Financial Wellbeing

Are approaches and attitudes to retirement planning changing?

Roselle Allsop joins Chetwood Financial as director of marketing

The importance of a rainy-day fund

How to establish a long-term savings plan

What does inflation mean for consumers?

Chetwood Financial names Julian Hynd as COO

Your Ultimate Guide to Smart Holiday Savings in 2024

ModaMortgages announces new head of sales and two BDMs

Darrell Walker unveiled as ModaMortgages’ head of mortgage sales and distribution

Avoiding the savings loyalty penalty

Ian Lonergan named as Chetwood Financial’s new group chair

Things to consider before opening a fixed-term savings account

Wrexham-based Chetwood Financial named on Wales Fast Growth 50 again

Sounding the alarm: what to do if you've been defrauded

Tackling Britain’s fraud pandemic: what banks should do to help

How to save money when you’re struggling to make ends meet

The importance of dealing with financial stress

Fraud in a downturn: how are threats changing as a recession looms?

Starting Your Debt Management Journey

The Psychology of Debt: Understanding Your Money Mindset

The impact of debt on mental health and how to support loved ones that are struggling with debt

Are we headed for another financial crisis?

Tackling savings inequity

SmartSave Bank hits £1bn in deposits

SmartSave Bank teams up with cash deposit platform Flagstone

Understanding the recession: what it means for your finances

NAW 2023: From Military to Tech

Understanding increases to the cost of credit

NAW 2023: Celebrating the power of on-the-job learning

Banking as a Service in 2023: What does the future hold for BaaS?

9 Ways to keep costs low on Christmas gifts

Cost of living crisis pushes consumers to go digital

Be Fraud Aware: How Scammers Are Using Malware To Infiltrate Your Devices

Be Fraud Aware: Learn How to Spot Phishing, Smishing and Vishing Attempts

Unlocking the benefits of Banking-as-a-Service: what should I look for in a provider?

Chetwood Financial and Mumsnet team up to launch new family-focused financial services

How inflation impacts your savings

Chetwood makes the 2022 Wales Fast Growth 50 list

Be Fraud Aware: Remaining vigilant with fraud on the rise

BetterBorrow warns of imitation website scam

Andy Mielczarek appointed to FCA’s Smaller Business Practitioner Panel

Chetwood Financial acquires Yobota to expand BaaS capabilities

Team Chetwood on International Women's Day, #BreakTheBias and Gender Equality in Tech and Finance

Meet Chetwood's graduate treasury and regulatory reporting analyst, Tarik Ali

In Profile: Andy Mielczarek of Chetwood Financial and Ammar Akhtar of Yobota

Development and making customers better off at Chetwood with Perform Partners

Leadership, development and supporting your team with Chetwood Operations Director, Sean Lynskey.

Chetwood Legal Counsel, Emma Udi, recognised in 2022 Northern Power Women 'Person with Purpose' shortlist

As fintech grows, should the same regulation apply to digital banks?

Chetwood Financial: Increasing the Contactless Limit Will Empower UK Consumers

Chetwood placed no.15 within 2021's FinTech 50

Women in Fintech: Creating a Rope Ladder for Others with Chetwood Financial

Women in Fintech: Paving the Way with Chetwood Financial

Women in Fintech: Smashing the Glass Ceiling with Chetwood Financial

Chetwood Financial appoints CIO

Women in Fintech: Greatest Achievements with Chetwood Financial

Why financial inclusion could ensure the success of the neobanks

FSTech Panel: Digital transformation in banking

LiveLend wins at Finder Lending Innovation Awards 2021

The digital bank as manufacturer

Leave Tech to the Fintechs: The path forward for legacy banks

Chetwood Financial Strengthens Leadership Team with Appointment of New CFO

Tour de Chetwood 2021

Financial IT interview with Chetwood’s Distribution Lead

How can Fintechs solve the Financial Inclusion issue?

The Rise of the Digital Bank

Under the Hood podcast: Why can't banks innovate

Banking as a Service: who is it for?

Chetwood's Distribution Manager recognised in Rising Star shortlist

Julia McColl joins The Savings Guru podcast

Spotlight on automation and analytics in the data centre

A day in the life... IWD 2021

Fintech Finance Virtual Arena: How to Build a Digital Bank

A target market should be a target market

Chetwood’s Chief Data Officer recognised within the DataIQ 100 Most Influential People in Data

Chetwood Financial rethinks banking business models

Personalisation is the future of modern banking

Andy Mielczarek joins FT Panel: Banking the Underbanked - Bridging the Digital Divide

Chetwood awarded ‘Best use of Data’

Jessica Rusu talks AI in Financial Services

MERJE Meets...Chris Blampey - Head of Risk Strategy at Chetwood

Chetwood shortlisted for 2020 Engage Awards

Chetwood’s Commercial Director talks BetterBorrow with FinTech Futures

Chetwood named UK Business Tech finalist

The Banker Podcast: Andy Mielczarek on the future of the UK’s challenger banks

Chetwood launches second lending product, BetterBorrow

Chetwood placed within the top 20 of UK’s FinTech Disrupters

Chetwood shortlisted in Business Cloud’s FinTech Disruptors

FinTech Futures examines Chetwood Financial’s progress

Eliott pumps £10m into digital bank Chetwood

Chetwood Financial continues expansion with new appointments

Chetwood Financial featured in Wales Top Tech 50

Chetwood Financial responds to COVID-19 pandemic

Chetwood in the Spotlight: Andy Mielczarek on how Chetwood Financial is making banking better

Chetwood’s Commercial Director talks about how LiveLend is changing lives

Chetwood’s co-founder and COO Mark Jenkinson on customer data in the cloud

LiveLend's customers herald ‘game changing’ Reward Loan

LiveLend bags a commendation at the FinTech Awards Wales

Chetwood Financial codes its way to victory at ClearScore’s Hackathon

Chetwood Financial celebrates another successful year at its Chetfest music festival

Chetwood Financial’s Commercial Director on how financial brands are innovating with data

LiveLend shortlisted at the Consumer Credit Awards

This is Money reviews LiveLend - Chetwood Financial’s game changing dynamic loan

Chetwood partners with Amazon Web Services

Chetwood launches SmartSave

LiveLend named 'Best Loan Service Provider'

Chetwood Financial shines a spotlight on outdated financial practices

Chetwood Financial secures full banking licence approval

Chetwood Financial featured by BBC Wales

Chetwood Financial launch world’s first dynamic loan

Chetwood Financial amongst most innovative technology companies in Wales

Chetwood Financial supports Wrexham’s first business ‘Lock-in’ event

LiveLend named Consumer Credit Awards finalist

Chetwood backs Coleg Cambria’s student awards

Chetwood Financial agrees up to £150m investment from Elliott advisors, as banking licence approved

Chetwood opens doors at Wrexham office