SANTANDER FINTECH LIMITED
Company Information
- Company Number
- 09209355
- Registered Address
- 21 Holborn Viaduct, London, United Kingdom, EC1A 2DY
- Status
- Dissolved
- Employee Count
- 6
- Turnover
- Coming Soon
- EBITDA
- -£2,333,000
Additional Details
- Website
- https://www.santander.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 9 September 2014
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for SANTANDER FINTECH LIMITED has increased from 5 days in the first half of 2019 to 7 days in the first half of 2020.
Volatility Analysis
The company's payment pattern has been relatively stable, with the percentage of invoices paid within 30 days consistently above 90% and the percentage of invoices paid between 31 and 60 days consistently below 10%.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2019 - 30 Jun 2019 | 12 Sept 2019 | 5 | 100% | 0% | 0% | 0% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Santander Fintech Limited payment terms are 30 days. There are no contracts for which there are longer payment terms and there have been no changes to this arrangement in the period.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
If a supplier has a dispute regarding payment, there is an established escalation and investigation process in place. Should the supplier remain unhappy at the outcome of the initial escalation and investigation, they can refer the matter to an independent body. Information regarding this process is included in the standard contract terms.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
✅
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
SANTANDER FINTECH LIMITED is a financial technology company that operates under the global banking group, Santander. The company offers a range of sustainable and innovative products and services that aim to improve the financial experience of its customers.
The sustainability program of SANTANDER FINTECH LIMITED focuses on three key areas: environmental sustainability, social sustainability, and economic sustainability. The company is committed to reducing its environmental impact through initiatives such as paperless banking and reducing carbon emissions. It also supports various social causes, such as financial education and inclusion, and promotes economic sustainability by providing affordable and accessible financial services.
The company's products and services include digital banking, payment solutions, investment management, and insurance. These products and services are designed to cater to the diverse financial needs of its customers, while also incorporating sustainable practices.
Key people at SANTANDER FINTECH LIMITED include its CEO, Javier San Félix, who has extensive experience in the banking and financial technology industry. Other key members of the management team include the Chief Innovation Officer and Chief Operations Officer.
The company can be contacted through its website, which provides information on its products and services, as well as the latest news and updates. Its registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom.
In summary, SANTANDER FINTECH LIMITED is a leading financial technology company that offers sustainable and innovative products and services. With a strong focus on environmental, social, and economic sustainability, the company is committed to providing a better financial experience for its customers. Led by a team of experienced professionals, the company continues to drive positive change in the financial industry.
