CYBG enters joint venture with FinTech platform

Yorkshire Bank’s parent, the Clydesdale and Yorkshire Banking Group (CYBG), has entered into a joint venture with Salary Finance.

Salary Finance is an innovative FinTech platform that connects to the payroll of participating employers to provide financial well-being benefits to employees, including salary-deducted savings, and loans, as well as financial education. 

CYBG and Salary Finance will each acquire a 50% stake in the JV, in return for an initial cash consideration of £5... For the full story register now for free or login below...