Suits Me, a fintech company based in Cheshire, has acquired Engage business from Solaris.
- This acquisition involves moving all Engage Card customer accounts to Suits Me.
- Engage offers a Visa debit card accessible via Community Banks and Credit Unions.
- Suits Me aims to enhance financial inclusion and accessibility through this acquisition.
- New cards will be sent out post-Christmas, with balance transfers commencing mid-January.
In a strategic move, Suits Me, a well-established fintech company in Cheshire, has acquired the Engage business from Solaris. The acquisition involves transferring all Engage Card customers to Suits Me, marking a substantial progression towards Suits Me’s goal of becoming the leading provider of inclusive financial services in the UK.
Engage is known for its Visa debit cards and account services, which are available to all, regardless of financial status. These services are offered through Community Banks and Credit Unions, making financial products accessible to a broader audience.
: “We are thrilled to welcome Engage Card customers to the Suits Me family,” said Matthew Sanders, CEO of Suits Me Limited. This acquisition not only represents a promising growth opportunity but also supports Suits Me’s core mission of making banking more accessible and inclusive. Suits Me plans to carry forward Engage’s initiatives in collaboration with UK credit unions to further foster financial inclusion.
In light of this acquisition, customers can expect operational changes; by the end of the Christmas season, users will receive new cards, and by mid-January, all balances will be transferred to Suits Me accounts.
This acquisition signifies a notable commitment by Suits Me to expand financial accessibility and services in the UK.
