We are constantly profiling innovative Startups with great ideas for the digital economy. Each week, we are going to present you the ones we find most exciting. We focus on their disruptive ideas, digital vision and business model.
To Richard Steggall, CEO and co-founder of Urban FT, simple banking isn't enough. Together with Mark Kilpatrick and Kase Kaplan, he plans on increasing the appeal of financial institutions by combining well-known banking offers such as real-time balance overview and online transfers to a social component.
Available to banks and financial institutions, Urban FT offers one stop for managing multiple accounts, a social feed and the much interesting option of automatically splitting bills among peers. The visual interface eases operation and promises to keep account holders coming back to the platform and mobile app.
Mark Kilpatrick, Richard Steggall and Kase Kaplan
Urban FT is among the pioneers of social commerce. The online platform and mobile app released in 2014 combines online banking offers, such as balance overview, transfers and one-stop for multiple accounts management, with a news feed and other social features.
Founded in 2012, the British startup Urban FT combines social elements and digital banking
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