UK’s Smart Money app is bought by Vanquis Banking Group Snoop

Vanquis Banking Group Acquires UK Fintech Snoop to Enhance Financial Offerings

Vanquis Banking Group has made an undisclosed acquisition of UK fintech Snoop, a money-saving app leveraging AI and open banking technology.

Snoop, founded in 2019 by Dame Jane-Anne Gadhia, provides users with personalized insights into their spending habits and aims to save up to £1,500 per year for its users.

The app’s acquisition by Vanquis Banking Group is expected to provide significant scale and access to a broader customer base of 1.7 million customers, enabling them to offer enhanced financial management tools.

Snoop’s CEO sees the acquisition as a means to strengthen their purpose, while Vanquis Banking Group views it as the perfect partner to grow their business.


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