Vanquis Banking Group Report August 2024 | Page 17

CREDIT : VANQUIS BANKING GROUP
“ We ’ d also be in breach of regulations , so we couldn ’ t afford to do that .”
A leading software company with powerful data orchestration capabilities , Steven praises Zoot for not only their competency in delivering the product but also their integrity as an organisation .
“ Zoot honoured previous discussions and prices ,” he explains . “ They assigned resources almost immediately when they could have easily inflated their bottom line and exploited the situation , but they didn ’ t . This strategic decision by them has paid off because after five years they ’ ve almost tripled their revenue stream with us .”
Zoot was the ideal partner to accompany Vanquis on its strategic , large-scale plan , influencing the organisation ’ s approach to partnerships ever since . “ Part of the process was to try and tease out whether the partners that we were thinking of selecting would act and behave in a way that was similar to the way that Zoot treated us when we really needed them in 2020 ,” Steven adds .
The future of Vanquis Bank Vanquis Bank is now in the final eighteen or so months of its transformation plan , with a positive outlook for the future .
They recently acquired a new company called Snoop , a consumer app for money management , which Steven anticipates will constitute a major USP for them
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