Digital bank to double its Liverpool operation by recruiting 150 staff

Colin Webb

Digital SME bank, Cashplus, is to create 150 jobs at its Liverpool base over the next five years.

The bank said it will double its headcount in plans to expand its presence in the North West.

Based at The Spine, in Paddington Village, within Knowledge Quarter Liverpool Innovation District, Cashplus Bank serves a range of businesses and consumers, with a focus on supporting the UK’s small businesses and giving them the same level of access to banking services as their bigger competitors.

The Liverpool office expansion reinforces Cashplus’s commitment to UK-based customer support for its customers with the office home to the company’s operations, customer services and complaints teams, as well as a growing number of head office roles in departments including commercial and technology.

As part of the expansion, Cashplus staff will continue to be provided with free travel passes to use on the Paddington Shuttle service, providing employees with direct connectivity from nearby car parks and train stations to The Spine.

Colin Webb, Cashplus Bank operations director, said: “The business case for expanding our second headquarters in Liverpool, and doubling down on our commitment to the North West, was straightforward and easy.

“This is a dynamic city and one of the UK’s biggest financial centres with a wide community of financial services and technology experts, not to mention an excellent future talent pool with two leading universities.

“Over the next few years, we hope to further continue to grow our presence in Liverpool, bringing jobs and opportunities to the area.“

Cashplus moved into The Spine, which is pursuing a Platinum WELL Standard Accreditation, in September last year after taking space within the Sciontec AI space, operated by Sciontec Developments.

Leanne Katsande, head of commercial at Sciontec, said: “Attracting Cashplus Bank to The Spine was a significant moment for Sciontec and having a fast growing, leading UK Fintech brand located within the Sciontec AI space has not only added to the dynamic ecosystem, but is a driver for even greater job creation, economic growth, and innovation in the coming years.

“We are excited to see what the future has in store for Cashplus and look forward to helping it grow its presence in the building and the wider Knowledge Quarter Liverpool Innovation District in the years to come.”