SMEB Is a new community banking service that aims to revolutionise banking in rural locations in UK, Europe, USA and beyond. The SME FinTech is an authorised payment institution, a principal member with Visa and Mastercard, and is licenced for open banking services. As a first step, SMEB [‘smeeb’] aims to address the void in banking services in the UK’s rural locations, looking to create a payment microenvironment in rural communities, leveraging open finance to offer all payment options, including cash! Robin Amlôt of IBS Intelligence speaks to Andrew Martin, Chairman and CEO of SMEB.
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