Chairman of Faster Payments Joins Konsentus Team

Mar 27, 2019

Nick Caplan has joined Konsentus as an Investor & Advisor  in the same week as Tuxedo Money Solutions becomes a client
Konsentus, launched just a few months ago to provide consent and preference management facilitation to financial institutions enabling them to deliver PSD2 open banking has announced that Nick Caplan, Chairman of UK Faster Payments has joined the team.   Nick is joining both as an investor and active advisor to the business. 
Nick said:

“Konsentus is a new company created to address the requirements brought about by PSD2 open banking; the opportunity is huge with 9,000+ FIs in Europe looking for a solution. I am really excited to be joining the team and investing in what promises to be a fast growth area.”

Nick has joined Konsentus the same week as Tuxedo Money Solutions became the latest company signing up to take their service.  David Monty CEO of Tuxedo Money Solutions said “PSD2 open banking provides a dramatic change in the market and Konsentus are delivering a service through a simple API solution that will enable us to manage the access, consent and permission management obligations we have to fulfill under the new regulatory regime, simply and cost effectively.”
Mike Woods, CEO of Konsentus commented

“We are delighted to have Nick join us as we continue on a fast growth trajectory to be world’s leading SaaS service provider for PSD2 open banking. In addition with nearly all prepaid cards falling under PSD2 open banking, signing one of Europe’s leading programme managers is great confirmation of our proposition”.   He went on to say “ This continued traction in the market with clients proves there is a significant requirement for the simple API SaaS based solution that we are offering.”