Vanquis Banking Group PLC. Stock Analysis VANQ.L

Vanquis Banking Group Plc engages in the provision of personal credit and loan services. The company employs 1,279 full-time employees The firm supports its target customers with differentiated credit, savings and money management solutions, with lending predominantly funded by retail deposits. The firm's brands include Vanquis, Moneybarn, and Snoop. Through Vanquis, the Company offers a range of credit cards, unsecured personal loans, and savings products. The company provides customers with credit cards, tailored to suit their needs, with a range of APRs and credit limits. Through Moneybarn, it offers secured vehicle finance on a range of asset classes, new and used, including cars, motorbikes and light commercial vehicles. Snoop's platform combines both data-driven, personalized insights (or Snoops) to help consumers find their money-saving opportunities, and a free credit scoring service. Snoop uses artificial intelligence (AI) and open banking data to help people save on household bills and targets savings of up to £1,500 per year for customers.