DigiCheques removes the one thing that makes paying someone — or receiving money from someone — slightly uncomfortable: having to share your bank details.
Every time you text your sort code and account number to someone — your plumber, your music teacher, the parent of a child your daughter has just tutored — you are not just trusting that person. You are trusting everyone who has ever had access to their phone, their inbox, their filing system.
Most of the time nothing goes wrong. But the question you should be asking is not "do I trust this person?" It is "do I trust everyone they trust?"
DigiCheques means you never have to ask that question. The money moves. The bank details stay private. On both sides.
We are building this because the problem is real and the solution is obvious — and nobody has built it yet in the right way. The DigiCheque works like a cheque in a birthday card: it carries a value, a message, and an occasion. The recipient claims it. The money arrives. That is all it needs to do.
I spent thirty years in financial services — as a PwC partner, as Chair of the Institute of Risk Management, and on the boards of payment infrastructure organisations including Pay.UK and ClearBank. I have spent a long time thinking about where money goes wrong and why.
DigiCheques came out of a simple observation: the most common way people send money to each other in the UK — texting a sort code and account number — is also one of the most unnecessary privacy risks in daily life. The infrastructure to fix it exists. Nobody had built the right product around it.
We are building that product now. Join the waitlist and you will be among the first to use it.