Evolution Money Limited

Anna Mileiko Created by Anna Mileiko

Evolution Money Limited Logo

Address

8 St. John Street,N/A, MANCHESTER, United Kingdom

BIC

n/a

Overview

Category

Commercial banks

Business Focus

consumer lending

Evolution Money is focused on providing secured lending across the United Kingdom. Evolution Money assesses its customers individually, the assessment is neither based on a credit score nor on an automated computer response. Evolution Money offers a broad range of lending products, including homeowner loans, self-employed loans, joint loans, installment loans, long-term loans. Since August 2020, Evolution Money operates as a credit broker rather than a credit institution.

Performance

In 2018, Evolution Money Limited achieved the position of 199th largest bank in the United Kingdom with a market share of 0.00%; its total assets grew by 17.51%.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Evolution Money Limited.

Financials

Total Assets of Evolution Money Limited
Annual_profit of Evolution Money Limited
Market Share of Evolution Money Limited
Total Assets (2018)
2.37 mln GBP   (+17.51%)
Annual Profit (2018)
18,428.00 GBP

Evolution Money Limited ranked as the 199th largest bank in the United Kingdom by total assets. In 2018 its total assets were 2.37 mln GBP, representing a 0.00% market share. In 2018 the bank's annual profit was 18,428.00 GBP.

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Covered Accounts
current accounts
savings accounts
time deposit accounts
Eligible Depositors
private individuals
companies

Evolution Money Limited protects deposits up to up to 85,000 GBP per depositor through the United Kingdom's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies. The bank participates in the Financial Services Compensation Scheme (FSCS), making regular contributions into it.

See Also

Contacts

address8 St. John Street,N/A, MANCHESTER, United Kingdom
phone+44 01618149976
fax+44 08719787556
websitehttp://www.evolutionmoney.co.uk/

Evolution Money Limited was headquartered in MANCHESTER.

Social Networks

Evolution Money Limited has profiles at the following social networks:

Bank Identifiers

Company Number
06987852
MFI ID
GBECBM223776

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
708324

Evolution Money Limited was authorized and supervised by the Financial Conduct Authority (reference number 708324).

Bank History

Start Date
October 2018
Close Date
August 2020
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