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zempler

  • UK fintech Zempler Bank snapped up for less than half previous valuation

    Fintech

    London-based fintech Zempler Bank has been snapped up by Nigeria’s biggest bank in a deal that has slashed the firm’s valuation, City AM can reveal. The small business lender – formerly known as Cashplus – has been acquired by The Access Bank UK with a price tag of around £3.45p per share. The sale represents [...]

    Breaking news screenshot displaying a timestamp from February 12, 2026, indicating a significant event update.
  • Zempler Bank grows profit on the back of high interest rates

    Fintech

    Zempler Bank has recorded its third consecutive year of profitability after a cheering jump in customer deposits and a strong performance in interest income. The UK fintech – formerly known as Cashplus – recorded a 58 per cent leap in pre-tax profit to £5.2m for the year ending March 31 2025. It comes as deposits [...]

    Rich Wagner, founder and chief executive of Zempler Bank
  • Zempler Bank begins layoffs after announcing jump in profit

    Banking

    The boss of challenger bank Zempler privately told staff he would lay off around five per cent of its workforce on Monday, just as the company publicly announced a jump in profit in its latest financial year, City AM can reveal. In an email to staff, seen by City AM, the digital bank’s chief executive, [...]

    Rich Wagner, founder and chief executive of Zempler Bank

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