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Suits Me

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?

Founded2015
HQKnutsford, Cheshire, United Kingdom
IndustryFintech / Consumer banking
The story

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.

Last 12 months
2023-11
Product timeline
2015
Suits Me founded in Knutsford, Cheshire as an alternative banking product targeting employees on temporary contracts and overseas workers.· banking
2016
Won Card Payments Award for Business Card Programme of the Year (beating AMEX) and European Cards International for Best Corporate Payroll Card.· card
2018
Won Best for Banking & Financial Services at the Recruitment International Supplier Awards.· banking
2023
Signed partnership with Jumio to enable automated identity verification, allowing customers without traditional banking documents to open accounts in minutes.· banking
The stack
Lending
Payday loan receipt account (receive third-party payday loans)
FX & payouts
Remitly
Accounting gap: minor