Zempler Bank (formerly Cashplus Bank) is a UK digital bank serving micro-businesses, sole traders, SMEs and personal customers. Founded in 2005 as prepaid card provider Cashplus, it became a fully authorised UK bank in February 2021 and rebranded to Zempler Bank in July 2024. It offers business and personal current accounts, credit cards, overdrafts, Creditbuilder products and accounting integrations. In 2026 it was acquired by The Access Bank UK and operates as an independent subsidiary.
Zempler Bank has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2005
Employees
201–500
Total Funding
$58.75M
4 rounds
The Access Bank UK agrees to buy 100% of Zempler Bank at ~GBP 3.45/share, with PRA and FCA approval
Takeover price is well below the ~GBP 9/share of an earlier fundraising
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $58.75M across 4 rounds
Last updated 09-18-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 26, 2022 | seed | Undisclosed (seed round into related entity Weego per PitchBook) | — | |
| Oct 20, 2021 | Grant — Banking Competition Remedies (Pool F) | £5M (~$6.9M) | — | Banking Competition Remedies (BCR) |
| Feb 18, 2021 | Growth equity (planned raise) | £50M (~$69.5M), planned | — | Not disclosed |
Dominic Wade
Chief Executive Officer and Board Director
Mark Sismey-Durrant
Chair of the Board
Rich Wagner
Founder / Advisor to the Board (former CEO)
Richard Bastin
Chief Technology Officer
James Pearson
Chief Risk Officer
Solomon Osagie
General Counsel
Dominika Alzapiedi
Chief People and Talent Officer
Alexandra Rice
Chief Product and Customer Experience Officer
Nick Biggam
Commercial Director
Victoria Wells
Operations Director
Paul Schooley
Decision Intelligence Director
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Tide
UK-based SMB banking platform (EMI partnered with ClearBank) offering business accounts, invoicing, and expense tools to sole traders and limited companies.
Starling Bank
Fully licensed UK digital bank offering business and personal current accounts with FSCS protection and no monthly fees.
Monzo
UK-licensed digital bank offering personal current accounts and business accounts for sole traders and limited companies via app-led experience.
Revolut
Global neobank offering multi-currency personal and business accounts, international payments, and team management features; received UK banking licence with restrictions in 2024.
Wise
Publicly listed UK fintech (LSE: WISE) offering multi-currency accounts, low-cost cross-border payments, and business accounts; an alternative to Zempler for international SMB needs.
ANNA Money
UK business banking app for freelancers and SMEs offering admin, invoicing, and tax tools (EMI, not a licensed bank).
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