LOQBOX NEWSROOM

If you’re a journalist (or just interested in what we’re doing), here’s some info we think might be useful. We’re happy to help if you can’t find what you’re looking for, just get in touch.

LOQBOX newsroom - news press

About LOQBOX

We’re all about helping our customers build a better financial future by putting them on the front foot with their money.

Growing a credit history and savings is a great way to do this.

This should be simple, free and available for everyone.

That’s why we created LOQBOX.

With LOQBOX, our customers can grow their credit score by saving as little as £20 a month. For free.

About loqbox newsroom news press

LOQPOD

LOQPOD is a Podcast series by LOQBOX, hosted by ex-journalist and LOQBOX’s Head of Media Relations Katy Ringsdore. She explores a wide range of topics across multiple industries with a focus on financial inclusion and digital innovation. If you would like to pitch to feature on LOQPOD, please email katy.ringsdore@loqbox.co.uk

All opinions expressed on this podcast are owned and shared by the host and participants. All opinions are are in no way a reflection of LOQBOX as a business or opinions necessarily shared by LOQBOX

Latest press releases

REMOTE WORKING: LEADING AND WORKING FROM HOME

It has been over a year since the first UK lockdown where we all had to drastically change our usual working patterns. As a business owner, naturally I was worried about how our team would cope with the new, remote, ways of working due to lockdown.

DIGITAL INCLUSION

We talk a lot about how passionate we are at LOQBOX about Financial Inclusion. It is the backbone of our business and something we hold ourselves accountable for daily. But the other side of this, which is equally as important, is digital inclusion.

DIVERSITY IN FINTECH

A study last year revealed that less than 30% of the UK's fintech workforce was female. The same study also found that whilst less than 30% of the fintech workforce is female, only 17%of senior fintech roles are held by women.

COULD YOUR CREDIT SCORE PREVENT YOU FROM GETTING A JOB? IN SHORT, YES.

Whether we think it’s fair or not, your personal finances can have a big impact on how you are judged by people who don’t know you.

THE HISTORY OF FINTECH

Fintech used to be the trendy term to describe Financial Technology. Now, it is commonly used and understood around the world.

LOQBOX SUPPORTS UK FINTECH RECOMMENDATIONS FROM THE KALFIA REVIEW

One of the UK’s fastest growing fintechs welcomes the latest findings.

THE FUTURE OF CREDIT SCORES

In the past credit scores have been built from factorslike your financial history and how youhave used credit. Now however, the credit industryis changing.

VANQUIS AND LOQBOX JOIN FORCES TO LAUNCH FIRST PARTNERSHIP OF ITS KIND

New collaboration will help more UK consumers to build their credit score, save money and make themselves eligible for credit

CREDIT SCORES – DO THEY HELP OR HINDER THE SELF EMPLOYED

Self employment has its perks, you can wear what you want to the ‘office’, set your own hours and eatlunch at 10am if you so wish but it also has some down sides like an unpredictable income, but doesbeing your own boss impact your credit score?

A FAIR CREDIT MARKET FOR THE BENEFIT OF THE CONSUMER

Since the inception of our business we have always believed strongly that a fair credit market for all requires products that responsibly help individuals to build a credit history in order to access credit products that are priced for their true risk.

LOQBOX WELCOMES FCA REVIEW OF THE CREDIT MARKET

A fair credit market is vital to aid financial inclusion.

HOW DO CREDIT LENDERS USE OUR CREDIT SCORES?

Growing and maintaining a good credit score is something we should all be doing to make sure we have access to the financial resources we need to achieve our goals. But, it’s also important to understand what lenders look at when deciding whether or not to approve our loan or credit application.

CREDIT SCORE CONFUSION

Have you ever found yourself in the position of applying for a credit card or loan thinking you have good or excellent credit, only to soon find that the credit score that the card issuer or lender has seen was lower than what you saw on with the credit reference agencies? Well, you’re not alone.

LOQBOX IS SELECTED TO JOIN THE DEPARTMENT FOR INTERNATIONAL TRADE PROGRAMME, TECH FOR GOOD

LOQBOX has been selected as one of the rising stars in the South West region to gain from it’s global Tech for Good Programme. It will allow the business to showcase their technologyon the global stage.

TIM PORTER JOINS LOQBOX AS CHIEF RISK OFFICER

Adding further expertise to their senior team.

UK FINTECH LOQBOX DISRUPTS AMERICA’S CREDIT BUILDERS

One of the UK’s fastest growing Fintechs expands to the United States to take on the credit building industry

KATY RINGSDORE JOINS FINTECH BUSINESS, LOQBOX

Former journalist and media relations expert joins as Head of Media Relations.

Note to editors

LOQBOX’s mission is to end financial exclusion globally. This means giving everyone the chance to achieve their goals, most of which cost money. For many people, their goals are unachievable because they have not had an opportunity to build a positive financial profile, they don’t have sufficient savings or they don’t understand how to make the financial system work for them. LOQBOX is a multi award-winning business that has already enabled hundreds of thousands of people to build their credit score with the three main credit reference agencies and master their money while they save. It works best for people early in their financial life or for anyone trying to improve their relationship with money. When they have finished their journey, LOQBOX customers have a better credit score, a nest egg of savings and the ability to achieve their goals. Ultimately, LOQBOX helps everyone to get the things they want without money getting in the way.

LOQBOX is run by CEOs and Co-Founders Tom Eyre and Gregor Mowat. Tom has over a decade of experience in personal financial services. In 2012, when his little sister was refused credit to buy a sofa, frustration with the inflexibility of the credit-scoring system drove him to start creating solutions to help people build their credit history to access fairly priced credit. As a former partner with global audit and advisory firm KPMG, Gregor has seen first-hand how many people are excluded from accessing fairly priced credit either because they are young with little or no credit history, or because they have made past credit mistakes. Tom and Gregor co-founded LOQBOX after setting themselves a mission to find solutions to this problem that work for both the lenders and these financially excluded groups. Both Tom and Gregor are regularly involved in conversations with government and regulators. They have been featured in the national press and provide expert comment for features on finance, credit and lending.

For all press enquiries

Katy Ringsdore

Head of Media Relations

e| katy.ringsdore@loqbox.co.uk