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GSB partners with cash deposit platform Flagstone International

By Gloria Methri

June 20, 2024

  • Asset Management
  • Cash Deposit
  • Cash Deposit Platform

Flagstone, UK, GSB, FinTech, Cash Deposit, Savings PlatformFinancial services group GSB has announced a strategic partnership with international cash deposit platform Flagstone International.

The partnership will give clients access to Flagstone’s deposit platform services, emphasizing the value of innovative solutions for wealth management clients.

Jersey-based Flagstone International is revolutionising the way individuals and businesses manage their cash assets by simplifying the process of finding the most competitive savings products. Offering a web-based platform that connects depositors with licensed deposit-taking institutions, clients can easily browse, compare, and select deposit products from various banks, all in one place.

Inspired by the inefficiencies of traditional banking, Flagstone International aims to provide individuals, businesses and trusts with access to leading market rates, diversified deposit options, and streamlined account management.

Dean Kemble, Chief Commercial Officer at GSB, said, “We are thrilled about this partnership with Flagstone International. Their cutting-edge platform will allow us to provide our clients with unparalleled opportunities to optimise their cash management and achieve their financial goals. The difference between the highest and lowest-paying deposit rates is significant. Our relationship will provide access for clients to a platform of deposit-taking institutions to maximise their cash assets”.

Andrew Thatcher, Chief Executive Officer at Flagstone International, said, “The Flagstone International platform will allow GSB’s clients to effortlessly instruct the placement of deposits across multiple products from a variety of investment-grade banks in several jurisdictions around the world. It provides flexibility and convenience while also optimising interest income and effectively diversifying clients’ cash assets.”

Founded by Ross and Alison Whatnall in April 2021, GSB provides a range of wealth management services to clients seeking high-quality investment, wealth and financial planning based on a strong ethical foundation.

This news follows the recent announcement that GSB has achieved Certified B Corporation™ status, joining a global community of businesses dedicated to high social and environmental performance standards.

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