Santander Launches New Cash Management App
(5 August 2021 – United Kingdom) Santander has recently launched a new cash management application named ‘CashFlow Manager App’ which incorporates payment and invoicing functionalities. Its primary purpose will be to enhance banking services for Small and Medium-sized Enterprises (SMEs).
Santander has made SME customers a priority over the past year due to the pandemic. Through the development of new banking features and functionality, the bank can provide small businesses with a steppingstone in their post-Covid recovery journey.
Built in partnership with Tomato Pay, a Financial Technology (FinTech) firm, the application will provide complete visibility over all business transactions and account balances through a signal portal.
“After a tough year for UK businesses, we wanted to create something with a tangible impact, giving them financial freedom from the minute they log into the CashFlow Manager app” commented Tomato Pay CEO, Nicholas Heller
“SMEs are working incredibly hard to get on the road to recovery from the pandemic. The CashFlow Manager app is designed to help them by removing the manual and time-consuming workload involved with day-to-day banking so they can instead focus on running and growing their business” commented Santander UK Head of Commercial Clients, John Baldwin.
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