Cashplus hires AmEx’s Rahul Duseja as new Credit Director

Share this post

Cashplus, the leading challenger to UK banks, today announces the appointment of Rahul Duseja as Credit Director.

In this newly created position, Duseja will be responsible for overseeing Cashplus’ credit strategy as the company increases its focus on offering smart, simple lending products for small businesses across the UK. He will report to Chief Commercial Officer, Paul Schooley.

Duseja joins from American Express where he has held a series of senior credit and risk roles since 2011, most recently as Head of Credit Risk for UK Commercial Cards and Payments. Prior to AmEx, he was a Senior Strategy Consultant at Accenture.

Paul Schooley, Chief Commercial Officer, said: “I’m delighted to welcome Rahul to our growing team at Cashplus. His deep knowledge of how risk underpins performance, and his extensive SME experience, will be incredibly valuable as we move to accelerate our lending growth and develop new products, tailor-made for the small businesses that so often struggle to access the capital they need in order to grow.”

Cashplus launched its first lending products in 2012 and now offers a range of credit cards and rolling credit products for SMEs and consumers as well as its unique CreditBuilder current account add on, which allows customers to build or improve their credit rating just by paying their monthly account fees. The company’s strategic goal is to become the ‘specialist bank for UK small business’ with a focus on providing banking and lending services to the start-ups and micro businesses that are often overlooked by high street banks.

Rahul Duseja said: “I’m excited to be joining Cashplus at this important time in the company’s history. Digital challengers are increasingly shaking up the SME banking and lending market, offering a lifeline to entrepreneurs where traditional players can’t, or won’t. I’m looking forward to working with Paul and the team as we focus on building an even more compelling range of products and services for UK SMEs.”

Cashplus submitted its final banking licence application in August and hopes to be fully authorised in Q1 2020. Once a bank, the company will have access to c.£300m of lending capital which it will deploy through new and existing SME and consumer credit products. The company currently holds 7% share of all new UK business accounts and is on course to capture at least 10% over the next five years.

More To Explore


Are you a member of The Payments Association?

Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.


Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.

Having trouble signing?

We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.

First things first

Have you set up your Member account yet? If not, click here to do so.

Still not receiving your auto-login link?

Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.

Please click the button below which relates to the issue you’re having.

I didn't receive an e-mail

Tip: Check your spam

Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association

Tip: Check “other” tabs

Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.

Tip: Click the link within 60 minutes

For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.

Tip: Only click once

The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.

Tip: Delete old login e-mails

Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.

Tip: Check your security policies

Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.

Need to change your e-mail address?

For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.

Still got a question?