“Can a document-light, card-based banking alternative capture and retain the underbanked UK workforce — particularly temporary-contract employees and overseas workers — by removing the documentation barriers of traditional banking?”
Founded in 2015, Suits Me positioned itself as a banking alternative for underbanked consumers — specifically employees on temporary contracts and overseas workers unable to obtain high-street bank accounts. The company has expanded from a payroll card product into a fuller consumer account offering with mobile app, debit card, standing orders, international transfers (via Remitly), and a corporate payroll card programme. In 2023 it modernised its onboarding by adopting Jumio for automated KYC, reducing friction for its target demographic who lack standard documentation.
Suits Me moves money over Faster Payments.
Suits Me uses Remitly for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 3 layers in Suits Me's stack: Money movement (Faster Payments); Lending (Payday loan receipt account (receive third-party payday loans)); FX & payouts (Remitly).
Suits Me is founded in 2015 and headquartered in Knutsford, Cheshire, United Kingdom.
Get a read on where your own stack stands against Suits Me and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.