Insignis has been helping clients manage their cash savings since 2017. We were founded by former investment bankers Paul Richards and Giles Hutson, who saw first-hand that the savings market wasn’t working the way it should.
Even after the 2008 financial crisis, managing cash as an asset remained unnecessarily complex, with many struggling to access competitive rates while balancing risk and security.
With financial stability top of mind in the wake of major bank failures, Paul and Giles set out to change make savings safer and simpler. They created a platform that makes it easier to manage savings, diversify deposits (to benefit from FSCS protection where applicable) and find better returns.
As a founder-owned business, Insignis operates with independence, working closely with banks and financial partners to deliver value for our clients. With offices in London and Cambridge, Insignis has grown into a dynamic team of specialists passionate about reshaping the savings market.
As we continue to expand, we remain committed to transforming how savings are managed by making them more accessible, more transparent, and easier to oversee.
To optimise the flow of savings across the banking industry, reducing risk, saving time, and maximising returns.
Our leadership team brings experience from some of the world’s most recognisable banking institutions and has contributed to the growth of several UK fintech and start-up businesses.
Paul co-founded Insignis in 2017, turning a shared vision for improving cash management into a platform that has been trusted with over £22bn in deposits since inception. Before launching Insignis, Paul was Managing Director at Bank of America Merrill Lynch, where he served as Co-head of EMEA Debt Capital Markets and Corporate Banking. Over a 29-year career in financial services, Paul held senior leadership roles at both Merrill Lynch and Goldman Sachs, specialising in fixed income markets, debt origination, and syndication.
He has led global teams across the US, Europe, and Asia, bringing deep expertise in capital markets and institutional relationship management. In addition to his executive roles, Paul has served as a senior consultant to the Financial Conduct Authority (FCA) and as a member of the Advisory Board for the UK Debt Management Office, contributing his expertise to public sector financial strategy and regulatory policy.
Giles co-founded Insignis following a 20-year career in investment banking as a Managing Director at Merrill Lynch, where he was European Corporate Head of Banking and Debt Capital Markets.
Prior to Merrill Lynch, Giles was a Managing Director at Morgan Stanley and held previous roles at Goldman Sachs and Barclays. He was responsible for running many global financing, payment and risk management transactions across all asset classes.
Eight years on, Giles remains extremely motivated by the continued potential for Insignis to help clients reduce risk and increase return, and to provide banks with stable, predictable and efficient funding.
Kate joined Insignis as Chief Operating Officer in 2024. She brings a wealth of experience from companies at different stages of their growth and leads on executing a best-in-class operating model and driving efficiency as Insignis continues to scale.
Having qualified as a chartered accountant with Arthur Andersen & Co., Kate latterly served with Thomson Reuters for fourteen years, holding a variety of leadership roles in areas such as finance, risk data services and business transformation. She most recently spent six years as Chief Operating Officer at Privitar, a UK-based startup, and helped lead the company to a successful acquisition in 2023.
Abba leads the strategy and execution of marketing and communications across 26+ client types, including Independent Financial Advisers (IFAs), Accountants, Finance Directors and SMEs. Her focus is on driving commercial outcomes through brand development, go-to-market planning and demand generation.
With over 10 years in senior marketing roles across fintech and financial services, Abba brings hands-on experience across the full marketing mix — covering brand, PR, digital campaigns, product marketing and sales enablement. Prior to joining Insignis, she held senior marketing leadership roles at News UK and digital mortgage broker Habito, where she helped shape brand and growth strategy during periods of rapid expansion.
She is passionate about aligning marketing with product and sales teams to support business growth and create meaningful market differentiation.
As Chief Technology Officer at Insignis, Jonathan leads the product engineering teams, driving innovation and technological excellence. He brings extensive experience from leadership roles across startups, scale-ups and global technology firms, including a focus on artificial intelligence.
Before joining Insignis, Jonathan headed the engineering team at banking innovator 10X and previously led engineering at multilingual LLM pioneers Unbabel in Lisbon, Portugal. His leadership journey began as the founder and CTO of one of the internet’s pioneering security companies, where he set new standards in product delivery while addressing complex identity and privacy challenges.
Jonathan’s proven track record spans multiple sectors, including finance and government, where his strategic approach to technology continues to deliver impactful solutions.
Shahid Rahman currently serves as Chief Risk Officer at Insignis, having joined the company as Head of Compliance and MLRO in October 2023. His remit covers all aspects of the second line of defence, including risk, compliance and financial crime management.
Shahid has over 24 years of experience in retail banking and financial services, including 15 years specialising in compliance, financial crime and risk management. He brings deep expertise from a range of roles within both domestic and international banks and payments firms.
Amanda joined Insignis from the British Red Cross (BRC), where she was Head of Compliance between 2021 and 2024. A chartered accountant, Amanda has over 25 years of experience in financial services, gained through project management and compliance roles across a number of institutions.
Her previous roles include time at Royal Bank of Canada, Wells Fargo, Barclays, BNP Paribas and the London Stock Exchange Group, where she was Head of Compliance, Capital Markets, prior to joining the BRC
Alice was appointed Chief of Staff in January 2025. Having been with Insignis since its early days, she has developed a deep understanding of all areas of the business. Alice has held a range of roles across Product and Operations, building teams and delivering key projects during a period of accelerated growth.
Her experience, combined with a hands-on approach and collaborative mindset, ensures she is well placed to support the leadership team with their strategic plans for Insignis.
Daisy joined Insignis after more than a decade working in venture capital and privately backed technology companies across London and Hong Kong. With a proven track record in scaling startups through employee engagement and performance strategies, Daisy has helped shape the people functions of high-growth businesses in locations including Boston, Warsaw, Israel, Portugal and Spain.
Her expertise spans talent acquisition, performance management, organisational design and leadership development. Daisy is passionate about fostering a high-performance culture where people feel valued and empowered to reach their full potential.
![]() | Fintech Awards London | Highly Commended | 2024 |
![]() | London & Capital | Growth Builders | 2022 |
![]() | Tech Nation | Fintech 5.0 Programme | 2022 |
![]() | PAM Awards | Digital Wealth Proposition | 2022 |
![]() | Savings Champion | Best Cash Savings Platform | 2021 |
Funds placed
Clients supported
Banking institutions
Partnered pension providers
Funds placed
Clients supported
Banking institutions
Partnered pension providers
Introducer firms
Deposit products
Interest earned in 2024
Events nationwide
Introducer firms
Deposit products
Interest earned in 2024
Events nationwide
As we grow, we remain focused on making cash management simpler, smarter, and more effective for our members.
Our platform continues to evolve, driven by innovation and a deep understanding of the complexities our clients face. We’re expanding our partnerships, enhancing our technology, and refining our services to deliver even greater value.
For our team, this means new opportunities to develop, collaborate, and contribute to meaningful change in the financial landscape. Whether in our offices or working remotely, we foster an environment where ideas thrive, and every voice matters. If you’re curious, ambitious, and ready to make an impact, we’d love to take the next step together.