LONDON, 25 April 2023: Greengage, a UK digital finance pioneer, today launches its new e-money accounts service facilitating GBP and EUR payments and cards, targeted at SMEs, HNWs, and digital asset firms.

The service launch follows a survey of nearly 70 prospective clients carried out in 2022 around which Greengage has designed its proposition. The research highlighted that:

● Many entrepreneurs are less than satisfied with their current bank account provider, with nearly 65% of respondents rating their current account provider 3/5 or less
● In terms of customer service, nearly 65% rated their account provider as “average” or less than average.

Guided by these findings, Greengage offers dedicated relationship management, ensuring a close relationship with every client and enabling Greengage to appropriately support each account holder through its platform of services without a “tick box” approach. This includes access to B2B lending platform, growing to a broader web3 offering incorporating in-built API connections to other SaaS products.

Greengage CEO Sean Kiernan commented: “We’re delighted to launch our core e-money account service which provides a compelling proposition for innovative companies who struggle to find accounts or appropriate support from traditional e-money services. Greengage’s goal is to consistently be the best-in-class and we have exciting plans to add more advanced technology solutions for entrepreneurs and SMEs of all stripes.”

Simon Jennings, Executive Director of the UK Cryptoasset Business Council added: “Companies involved in cryptoassets face many obstacles when trying to access payment services from major banks. Consequently, they often have to settle for overseas accounts or considerably higher fees than other client groups. By launching e-money accounts designed for digital assets firms and innovative SMEs, Greengage is offering a service that is badly needed in the market.”

About Greengage
Greengage is a digital finance pioneer, that provides a platform of relationship-based e-money account services to SMEs, high net worth individuals, and digital asset firms to the highest ethical, secure and compliance standards. Alongside our account services, we provide clients access to a B2B lending platform offering digital sources of money. Our tailored services are delivered by people, empowered by technology. For more information visit: https://www.greengage.co

Disclaimer: *E-money solutions are provided as a distributor of Modulr FS Limited, Greengage is not regulated by the Financial Conduct Authority. The Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) do not apply to the activities carried on by Greengage.