Afin Bank
in the United Kingdom 🇬🇧
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About Afin Bank in the United Kingdom
Afin Bank is a specialist digital bank based in the United Kingdom, designed to serve underserved communities, particularly the African diaspora living and working in the UK. The bank focuses on providing residential and buy-to-let mortgages, as well as savings accounts, with a mission to support customers who face challenges accessing traditional banking services due to nationality, visa status, or UK credit history.
Regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), Afin Bank holds an Authorisation with Restrictions (AwR) banking licence. The bank is backed by WAICA Reinsurance Corporation Plc, one of Africa's largest reinsurance companies and a top 100 global reinsurer, which has committed £60 million in capital.