FinTech Futures examines Chetwood Financial’s progress

14 August 2020

Following the news that Chetwood Financial has secured a further £10 million from New York-based hedge fund Elliott, industry magazine FinTech Futures has taken an in-depth look at the digital bank’s ongoing success.

Journalist Ruby Hinchcliffe sat down with Chetwood CEO, Andy Mielczarek, to talk about Chetwood’s customer-first proposition, including its LiveLend product which “dynamically reprices” as customers credit sores get better,

“We think LiveLend is unique in the market,” Andy told FinTech Futures. “We’ve built a digital journey from start to finish, automating everything possible and offering customer contact through live chat. When we last checked, it took 63 micro-seconds for LiveLend to decide on a loan.”

The article charts Chetwood Financial’s progress, from gaining its banking licence in 2018, up to the open and responsive way in which it has dealt with the COVID-19 pandemic.

Read the full article.