PCT announce contract with ULUS Group

February 16, 2017

London, 16th February 2017- Payment Cloud Technologies (PCT), the London-based FinTech business, has today announced a contract with ULUS Group for the delivery of a digital community business bank for the UK’s SME businesses. The bank, which will be launched in quarter four this year, is designed to offer top quartile business banking services to in excess of 700,000 UK-based Ethnic SMEs that have been previously underserved by traditional banking services.

Ian Clowes, CEO, Payment Cloud Technologies, said: ‘’With the speed at which FinTech has accelerated, developed and innovated over the last 10 years, it is surprising that the UK is only now beginning to realise it’s potential to meet the country’s very specific and diverse consumer requirements in financial services. ULUS Group instantly impressed upon us their desire to do exactly that, so we were delighted to be able to help them achieve this.’’

Read the full press release here.

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