Fintech Insider Podcast by 11:FS 912. Insights: The future of Chase UK with CEO Kuba Fast
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Nov 7, 2024 In an engaging discussion, Kuba Fast, CEO of Chase UK, shares insights on the bank's remarkable growth, having attracted over two million customers and £20 billion in deposits since its launch. He discusses the strategic balance between leveraging J.P. Morgan's brand and appealing to mainstream UK consumers. Kuba also delves into innovations in digital banking, strategies to combat cyber fraud, and Chase UK's ambitious plans to become a major player in the UK market, including the introduction of a new credit card product.
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Inspirational Early Days Anecdote
- Kuba Fast shared how FinTech Insider motivated him during early days building Chase UK.
- Hearing experienced builders on the show inspired him through challenging startup stages.
Why UK for Chase Launch
- Chase UK launched in 2021 as UK was ripe for digital banking with mature customers and regulators.
- JPMorgan's long UK presence and market scale made it the natural first international step.
JPMorgan's Role in Chase UK
- JPMorgan's existing UK infrastructure and global presence greatly facilitated Chase UK's launch.
- The firm's culture embraces multiple business styles, enabling Chase UK to integrate fully without shielding from the core.