JN Bank UK has announced that it has relaunched as thisbank following a rebrand.
In a statement, thisbank said it was “Created by revitalising the UK arm of JN Bank under new leadership and ownership.
“Now backed by UK and US investment, a new leadership team from some of the biggest names in banking, the bank combines deep industry expertise with a distinctly British outlook.
“In 2025, the bank underwent a comprehensive transformation programme, culminating in the launch of thisbank. In less than 12 months under the new ownership and leadership, the bank has turned around from approx £40m in assets to over £500m and moved from £1m a month loss, to trading profitably for the first time in its history.”
The bank offers customers a range of fixed-term savings products to support people who are often underserved by traditional banking, offering products designed around real lives rather than rigid mass-market models.
JN Bank UK, which was formed in 2018 and received its banking licence in 2019/
The new branding. follows s a year after Step One Money UK acquired JN Bank UK from Jamaica National Group. Step One Money UK has made a £20 million capital investment to accelerate its growth.
