incuto
“Can a single cloud platform give UK credit unions and community lenders the full digital banking stack — payments, open banking, lending marketplace — to compete with challenger banks?”
incuto was conceived as a 'fintech for good' platform to digitise UK credit unions and community lenders, who had historically been locked out of modern banking infrastructure. The company initially focused on back-office automation, member communications, and loan management, then expanded into embedded payments by partnering with ClearBank to deliver Faster Payments and virtual accounts — effectively positioning credit unions to compete with challenger banks. The addition of open banking (via Experian) and a loan marketplace connecting lenders to price comparison sites extended the platform from operational SaaS into a multi-product embedded finance stack for the credit union sector.