EWG, Channel Islands-based FinTech company, launches new technology business to support fiduciary, corporate and fund services sectors.
EWG, the Channel Islands-based FinTech company and specialist digital banking partner to the fiduciary, corporate, and fund services sectors, has launched a new technology business to support the development of its range of products and applications.
The new company – EWG Labs – has been formed to drive all in-house innovation and development in relation to the EWG Client App, the application programme interface (API) and client site integrations. EWG can service more than 200 permitted jurisdictions.
Warren Sanders, co-founder and Director of EWG, said it was a very exciting time for the company with the exceptional growth since the launch of EWG’s digital banking alternative last year. “We are delighted to launch this new business so we can bring together exceptionally talented people and deploy the latest cutting-edge technology to support existing and new clients. “EWG Labs is currently working on a number of integration projects which enables clients in the Channel Islands, Isle of Man and Europe with direct connectivity to our API to create efficiencies with reliable data and insights for common business tools. We are, by default, a digital alternative to the traditional banking system, offering international payment solutions and currency management services and firmly believe that the launch will enable our clients to grow even faster and drive an exciting future for the company.”
The new business has been founded by existing EWG directors and the two principles of Yozobi, the Jersey-based full-service digital consultancy, providing additional innovation and relevant technology expertise. EWG Labs’ services are designed to support fiduciary corporate companies, fund administrators, family offices and crew payroll businesses.
Dan Cattermole, Director of Yozobi and EWG Labs, said: “EWG Labs will house, focus and drive all future technology development using our collective experience in the areas of FinTech, APIs and in the digital banking space, specifically for banking as a service and embedded finance. We will be the first and only company to provide this key service to the market. “We use a consultative approach for each project and take time to understand each client’s business, so this means we can forge strong relationships and grow across our local and international markets and bring real value to customers. We see this as a fantastic opportunity going forward."