Our fintech partnerships
Your opportunity to partner with an Out of the Ordinary bank and wealth manager
The spirit of entrepreneurship is engrained in our culture. We share the same mindset as change-makers, disruptors, and out-of-the-box thinkers.
We continuously seek to collaborate with fintechs to help us deliver cutting edge technology at pace. We look specifically for companies that are post-revenue and either solving a problem for our client segments or addressing an enterprise challenge, in the UK or South Africa.
Seeking fintechs that are...
-
Post-revenue
-
Solving a problem for our client segments or addressing an enterprise challenge
Why partner with Investec?
Investec welcomes the opportunity of working with fintech firms, for
example through our open banking platforms, our partnership model and
investment vehicles.
We into know that the process of partnering with the bank can feel arduous and complex. Based on the Fintech Pledge, we have simplified our processes into 10 straightforward steps.
Our team will also help guide you through the process so you know what stage you’re at. For any queries, you can contact us through the form below or email Camilla Swart.
Our current partners
Keen to work with us?
Relationships are key to the way we do business. We are on a journey of digital transformation and believe strongly that one of the best ways to innovate is through partnerships with leading fintechs.
Our partnership process
We take a partnership live through 10 steps:
1. Identification
Our Fintech Partnerships team scouts for best-in-class fintechs to collaborate with, to deliver cutting-edge products and services to our clients.
2. Product and value proposition
We will discuss your product and value proposition in an exploratory meeting. We might ask you to provide a demo to create a business case.
3. Non-disclosure agreement
All parties must sign an NDA to move forward with conversations.
4. Business sponsorship
Internally, we will identify a business sponsor for the proof of concept (POC) and confirm their sponsorship.
5. Due diligence
Before committing to onboard a POC we will go through a due diligence process. This will include a technology review to ensure the business case and the product are aligned to our strategy and demand. We will also assess the risk profile of the proposed POC and establish what route it should take.
6. Profile creation
We may ask you for more information so we can create your profile on our supplier purchase order and invoicing system.
7. Proof of concept
POCs allow us to quickly decide the potential success of a collaboration. We will work with you to formalise its scope and requirements. This is your chance to make sure you are comfortable with everything and put any queries to our team.
8. Terms and conditions
If we decide that a POC is likely to support successful delivery, we’ll share our standard set of POC terms and conditions to sign.
9. Final contract
The final contract will be drafted and completed through electronic signature. A start date will be agreed, and we will share a purchase order with you.
10. Next steps
After this initial engagement is complete, we will work with you to evaluate its success and agree on the next steps we can take together, ensuring all parties are getting value from the collaboration.
Please note that your application could be deemed unsuccessful at any stage. If this is the case, we will tell you why.
Register your interest in partnering with us
The Fintech Pledge
We’re signatories of the Fintech Pledge, supported by HM Treasury and powered by Tech Nation.
The pledge sets voluntary standards for partnerships between the UK’s largest banks and fintech firms. Through the pledge, we commit to giving clear and transparent guidance to enable a smooth and collaborative process.
