Recognized as one of the United Kingdom’s most important cities, Manchester is an essential metropolitan area that has been key to the country’s fintech ambitions. In 2021, the city undertook an ambitious project to become a world-class city by investing in new tech, including e-commerce, fintech and cybersecurity, which resulted in the launch and relocation of several dominant finance companies to the local area. Below, we picked some of the top finance companies in Manchester you should know.
Finance Companies in Manchester
- Barclays
- Klarna
- AJ Bell
- Starling Bank
- AccessPay
Top Finance Companies in Manchester
Car Benefit Solutions provides car benefits to employees through its workplace benefits packages. The company’s services include leases for company vehicles, car ownership paradigms, and “salary sacrifice cars,” which can be leased using pre-tax salary funds. The company handles all financing and payment terms as a third party and offers its services as a recruitment and retention perk.
Financial services corporation BNY is the parent company of the historic Bank of New York Mellon Company, which has been established for more than three centuries. It offers financial services that include investment management, pension plan administration, and asset securities management. It works with numerous institutional clients that rely on BNY to manage and maintain their organizational assets.
AJ Bell provides an online investing platform for thousands of customers and financial advisors. Its platform prioritizes diverse investment options and low-cost asset fees and provides various educational opportunities, such as starter portfolios that contain selected funds and are tailored for different risk exposure levels.
Shawbrook Bank is a private equity firm that offers lending services for consumer, property and business financing. In addition to these specialty services, the company also offers a full suite of standard personal and commercial banking services, including savings, financing and loans.
Starling Bank is a neobank launched in the United Kingdom. Like a traditional bank, it provides various accounts and services but sets itself apart through consumer-friendly features like overdraft protection and higher savings rates. In 2023, the digital bank opened an office in Manchester, which was intended to create over 1,000 new jobs.
Valtech is a business transformation specialist company that works with financial institutions. It specializes in integrating strategic experience design into the workflows and assets of financial services and financial technology companies. The company uses approaches such as content strategy, UX design and omnichannel platform development to create innovative systems that support its clients’ work.
Affirm is a third-party micro financing company that offers “buy now, pay later” terms for consumer purchases. Designed as an alternative to credit cards, its service includes low and 0 percent APR terms and can be used in point-of-sale as well as e-commerce transactions. Affirm is widely integrated into e-commerce platforms to offer payment plan terms on large purchases, allowing users to obtain their goods immediately and pay over time. The remote-first company hires for a number of roles in the U.K.
Klarna is a buy-now-pay-later, or BNPL, company that enables users to split their large purchases into four interest-free installments. Additionally, the company provides a digital shopping platform where brands can display their products to new customers and physical shopping cards for in-person BNLP services.
AccessPay developed a banking integration that provides clients with a bevy of financial solutions. Through the platform, users can connect bank accounts to back-office systems, create automated payments, and safeguard themselves from fraud by utilizing ISO 20022 standards.
Barclays is one of the largest banks in the United Kingdom. Headquartered in London, it’s known for providing personal, business and investment banking services in a range of countries. In Manchester, the financial institution has a corporate office and regional branches. It offers all types of career opportunities, including in product management and data analytics, among other fields.