Banxlocal

26/08/2026

NEWS! banxlocal has been selected for the Barclays Eagle Labs Demo Directory, recognition from one of the UK's leading innovation programmes for what we're building.

We're bringing the bank branch back to Britain's market towns: one store, one app, with savings products from 50+ banks and lending from 70+ lenders all under one roof. No queuing at five different banks, no starting your ID checks from scratch each time. Verified once, in person, for everything.

Thanks to the Barclays Eagle Labs team. More news from the high street soon.

25/08/2026

So, who is Banxlocal actually for?

Quite simply, people getting on with financial life.

Everyday banking. Starting to save. Finding a loan or mortgage. Protecting your family. Planning for retirement.

All through a high street store network and an app that work together.

Take savings. Instead of being limited to whatever your usual bank offers, banxlocal will give customers access to products from more than 70 banks and building societies, making it easier to find a competitive home for their money.

We work with regulated partners to provide the products. That leaves us free to focus on what makes banxlocal different: the store, the experience and the human support.

Because banking isn’t always straightforward. Sometimes it’s a declined card, a bereavement or simply a question you’d rather ask a person.

Small-business banking will come next. It isn’t live yet, but it’s the obvious next room in the house we’re building.

Real stores. Real partners. Real financial choice.

.uk

17/08/2026

Hundreds of billions of pounds are sitting in UK bank accounts earning no interest...

That’s despite a Bank of England base rate of 3.75% and some instant-access savings deals paying as much as 5%.

We don’t think that’s simply coincidence.

More than 6,500 bank and building-society branches have closed since 2015. For millions of people who need - or simply prefer- face-to-face support, moving money and comparing providers has become harder. The easiest option is often the account already open, even when it pays nothing.

This is a high-street story too. Bank branches have long brought people into town centres. When one closes, another service disappears and another prominent unit risks being left empty.

The tide may finally be turning.

Prime Minister Andy Burnham has put high-street renewal firmly on the agenda. Meanwhile, the independent Access to Banking Review will report to the Government in October, backed by a commitment to legislate if the evidence supports intervention.

None of this will move dormant cash overnight. But, for the first time in years, access to banking and the future of our high streets are being treated as connected challenges.

The answer isn’t nostalgia for the old branch model. It’s a better model.

banxlocal is building the first multi-bank, multi-service store: one high-street location connecting customers with multiple banks and providers, combining face-to-face support with digital access.

Real access. Real choice. Back on the high street.

Join the waitlist: banxlocal.uk

24/07/2026

At Banxlocal we strongly support the Government's Access to Banking Review.

Access to cash has seen real progress recently. This Review is a chance to look at the bigger picture: how people and businesses access banking overall, from account access and ID verification to payments, fraud support, financial guidance and business banking.

Our submission focuses on three ideas:

1. judge banking access by real outcomes for customers and SMEs, not just branch counts;
2. treat physical, digital and assisted channels as partners, not rivals;
3. back shared infrastructure like Banking Hubs and community service points to widen access while boosting competition.

We hope this helps keep banking accessible and inclusive for communities across the UK.

Kevin Smith, Chief Executive Officer, banxlocal.uk
Martin Kearsley, Chair, banxlocal.uk
Tanya Surendra, Advisory, Left Brain Policy

https://www.gov.uk/government/publications/hm-treasury-access-to-banking-services-review

HM Treasury has commissioned an independent Review on Access to Banking Services to assess how changes to in-person banking services are affecting consumers.

29/06/2026

has been looking into the impact of branch closures and the future of banking on our high streets. Here’s the link if you missed it!

As more branches close how will banking look in the future?

25/06/2026

☀️ While most of the UK swelters, here's a cooler moment from our Head of People, Ally Merchant!

Based in lovely Wales and the vibrant fintech scene there, Ally brings 20+ years of senior HR experience to banxlocal, specialising in building positive workplace cultures where people truly thrive. She's worked with organisations including M&S, Choose Love, Space Forge and Rostella - and we're lucky to have her helping shape our people-first culture as we grow.

Beyond work, Ally serves as Chair of Governors at a local primary school and volunteers as a licensed running coach with Vale Sport and Play. Community is at the heart of everything she does.

On working with on building banxlocal: "Helping to build stronger communities while creating meaningful opportunities for people who enjoy connecting with others is incredibly exciting. The focus on accessibility, inclusivity and community impact makes this a journey I'm proud to be part of."

We love having you on the team, Ally! 🙌

22/06/2026

Everyone's talking about AI. And yes, it will transform the way we work.

But when someone is worried about their finances, overwhelmed by choices, or simply doesn't know who to trust, what they need most isn't another chatbot.

They need a conversation. A listening ear. A real person who has time for them.

At banxlocal, we'll use AI and automation for the tasks technology does best, so our team can focus on what matters most: people.

Millions of people across the UK are underserved by financial services, not because they lack information, but because they lack someone they trust to talk to.

Technology can make services faster. Human connection makes them meaningful.

15/06/2026

Introducing Barney 🐾 ... and Nicholas, our Co-Founder and Chief Commercial Officer of banxlocal.uk

Nicholas Collinson is a Guernsey-based entrepreneur and fintech founder with over three decades of experience building technology-driven businesses across financial services and beyond.

Having moved to the Channel Islands in Guernsey in 2021 with lovely wife, Olena, he enjoys island life with Barney, frequently walking the cliff paths and sandy beaches the island is renowned for.

Alongside this, he is Co-Founder and COO of TVVIN, a stablecoin issuance platform pending its licence from the Guernsey regulator (GFSC), and runs Alnistar - a consultancy advising businesses on technology strategy and digital finance across multiple jurisdictions.

A consistent thread across Nicholas’s work is a belief that finance should feel more personal...more accessible...and more aligned with how people actually live, and work.

He holds board positions at Innovate Guernsey and the Guernsey Chamber of Commerce, where he serves as Vice President, and has recently been elected to the board of the Guernsey Digital Assets Association - all contributing to the Crown Dependency's growing reputation as a forward-thinking hub for delivering the future of digital finance and innovation and positioning it as an attractive place to do business.

10/06/2026

Following on in our meet the team series, we’d like to introduce Ozanne, Co-Founder & our busy CTO

Q. Mike, tell us a bit about yourself?

I grew up on the island of Guernsey and, having just turned 50, I was part of what is now called Generation X. We were the generation that grew up with one foot in the analogue world and one in the digital world. My first interactions with technology came in the form of a BBC Microcomputer. For me, that was the start of everything. I would type in games from magazines, line by line and get to play with things I had created. Looking back, it ultimately set me on the path which became my career. However, anyone who remembers that era will also remember the frustration. At a young age, I recall spending hours trying to find mistakes in the code. There was no AI to do it for me and no Google to find the solution. I learnt to problem-solve, to be patient, to test, to fix, and to keep going until it worked.

Q. How did that shape your view of banking and technology?

The world I grew up in was one where technology was exciting, but life was still very personal. You went into your local bank branch to pay in your pocket money, save it, and then withdraw it when you had enough for the latest toy. Your family knew the people behind the counter. There was conversation, familiarity and trust. We now live and work in a world where almost everything can be done instantly, digitally and remotely. That brings huge benefits…, but it can also make services feel more distant. Banking is a good example of that. The technology has improved enormously, but for many people the relationship has disappeared.

Q. What attracted you to Banxlocal?

I’ve spent over 20 years building core banking systems, leading technology teams and helping financial services businesses modernise - safely. A lot of my career has been spent where banking, technology, risk and service all meet. That has taught me that technology in banking is never just about systems, apps or infrastructure. It is about trust.

- Trust that your money is safe.
- Trust that systems work when you need them.
- Trust that innovation is being delivered responsibly.
- And trust that there is a team behind it who genuinely care about their customers.

Over the years, I’ve learnt that the best technology is the kind people do not have to worry about. It works, it is secure, and it gives customers and colleagues confidence. That is the kind of platform we are building banxlocal on. We are not trying to turn the clock back. We are building something new, a model that combines modern technology including AI, with proper governance, security and human service.

Q. What are you most excited about?

I’m excited by the chance to use the latest technologies to bring banking closer to customers, closer to communities and closer to the High Street. Technology should not remove the human side of banking. Used properly, it should make service better, safer and more accessible.

That is what we are building with banxlocal. Over 260,000 lines of code and counting!

Trust. Security. Innovation. + Local Service.