Vida Bank and Insignis announce new partnership

Vida Bank has announced a new collaboration with Insignis for Vida Savings.

Through the Insignis platform, Vida Savings will offer a range of competitive accounts to business, charity and personal customers.

Rob Reed, Savings Director at Vida Bank, commented, “Partnering with Insignis opens new market segments for Vida Savings, bringing our fair, transparent and competitive rates of interest to even more customers. We are looking forward working with the Insignis team."

Vashesh Singh, Director of Banks & Building Societies, added: “We’re delighted to partner with Vida Bank because their fresh, innovative approach to savings brings exceptional value to our platform. Vida’s award-winning range of savings and cash ISAs—backed by FSCS protection and delivering highly competitive rates—aligns perfectly with our mission to empower customers with secure, high-yielding, and customer-centric financial solutions."

About Insignis

Insignis is an award-winning cash management service that gives consumers, businesses, not-for-profit organisations and institutional customers access to market-leading savings rates, allowing them to deposit cash across multiple accounts to diversify risk and optimise returns. Insignis has partnered with 50 banking institutions enabling advisers, finance and treasury teams to access up to 3,500 products through a single hub account. Founded in 2017 and authorised and regulated by the FCA since 2018, Insignis Cash has helped more than 14,000 advisers and businesses distribute more than £32bn in cash assets. In 2024, Insignis paid out £195m in interest payments to clients. Insignis is founder-owned, with a team of 140 engineers, operations, customer support and risk colleagues based in London and Cambridge. To find out more, visit https://www.insigniscash.com/