Product Designer, Pockit

Pockit's differentiator is that it targets customers with a ‘thin’ credit file, which makes it attractive to recent migrants or other customers that don’t have a full financial history. These people can find it cumbersome to apply for accounts with high street banks, but with Pockit accounts can be opened in just 2 minutes with minimal documentation.

With good funding at its back, the company has been steadily increasing operations and forging partnerships. In 2024 it acquired Monese (another business serving underbanked people). The companies remain in a transitionary period as the combination of their operations is finalised, both continuing to deliver their valuable services.