Keebo: Launches in beta
- Keebo, the new challenger credit card that helps people unlock the power of credit, announces its beta launch with Mastercard
- With a focus on tackling financial exclusion the UK’s first credit card company to use open banking data
- Nearly 5.2 million people in the UK are virtually invisible to the established financial system with no financial track record
- These ‘credit invisibles’ find it difficult to access mainstream financial services or have to pay a premium to do so
- Recognizes the impact that financial exclusion has amongst the “passion economy1”. Often young
- The beta launch will allow people to download the app and apply for a new credit card