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July 5, 2022
Finance Technologies

NatWest shutters three-year-old fintech lender Esme Loans

NatWest is closing its fintech lending platform Esme Loans, which it firs piloted back in 2017. The closure follows a number of other bank-birthed fintech wind downs. Including Barclays’ Pingit, UBS’ Smart Wealth and NatWest’s challenger venture Bó. Esme Loans enjoyed a London Tube advertising campaign According Esme Loans’ website, it “is being closed and is not accepting any new loan applications”. The dashboard will remain live for current users. What was Esme Loans? Rolled out en masse in 2018, Esme Loans operated under the leadership of Richard Kerton. Kerton spent 14 years at then-named RBS prior to the bank’s…
NatWest shutters three-year-old fintech lender Esme Loans

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