Mark Jenkinson

Mark Jenkinson is a prominent figure in the financial technology sector, serving as the Co-Founder and Director of Strategy at Chetwood Financial, a challenger bank based in the UK. Chetwood was established in 2016 and received its full banking license in 2018, positioning itself as a disruptive force in the financial services industry by focusing on technology-driven solutions to better serve underserved customers.

Background and Experience

With nearly 25 years of experience in financial services technology, Jenkinson has been instrumental in shaping Chetwood's innovative approach to banking. His career has been marked by a commitment to addressing deficiencies in traditional banking models, particularly regarding fairness and customer service. This vision led him to co-found Chetwood alongside Andy Mielczarek, with the goal of leveraging technology to create more personalized and cost-effective banking products.123

Chetwood Financial's Mission

Chetwood operates under a unique model known as Banking as a Service (BaaS), which allows it to partner with various businesses to deliver tailored financial products. The bank focuses on using advanced data analytics and cloud-based technology to design products that genuinely meet customer needs. Notable offerings include the LiveLend Reward Loan, which dynamically adjusts interest rates based on improvements in borrowers' credit scores, and the savings product SmartSave, designed for ease of use.124

Vision for the Future

Jenkinson's leadership is characterized by a strong emphasis on customer feedback and technological innovation. He aims to continue expanding Chetwood's product offerings and partnerships, striving to enhance financial accessibility for all customers while maintaining a commitment to transparency and integrity in banking practices.134

For more detailed professional insights, Mark Jenkinson can be found on LinkedIn under the username mark-jenkinson-16159b.5