1 in 4 adults will experience financial exclusion at least once
Not having access to banking costs up to £500 a year
Inclusive services could unlock £500m for institutions
We could help customers save £1.8bn a year
7.4 million people still rely on a basic bank account
Providing ‘free’ basic bank accounts costs £350 million a year
10-12 million people have limited access to affordable credit
Over 8 million people struggle with money, yet few get help
7.7 million people don’t have enough savings
70% of UK consumers already use a FinTech service
There are currently over 1,600 FinTech firms in the UK
Become a Pioneer Member
Corporate Institutions or individuals can play a key role in shaping the strategy and direction of the Inclusion Foundation, make early use of IF branding and get priority in product accreditation.
As an industry, we can help 13 million people save £1.8bn a year while delivering financial and CSR benefits for financial institutions. If you want to help make this happen, we’re looking for your support.