Case Study: Redwood Bank launches the UK’s first cloud-native banking platform with Distinction

Redwood Bank launches the UK’s first cloud-native banking platform in 12 months with Distinction

Redwood Bank, a UK-based SME-focused bank, faced the challenge of launching as the country's first fully cloud-native financial institution. They needed to build a secure, compliant, and customer-facing digital platform from scratch to earn trust and gain regulatory approval quickly. They partnered with digital agency Distinction to design and develop their website and online banking interface, built on the Kentico CMS and hosted on Microsoft Azure.

Distinction designed and built Redwood Bank's customer-facing website and online banking platform, while also helping to orchestrate the secure and compliant Microsoft Azure cloud infrastructure. This solution enabled the bank to launch just four months after receiving its licence. The results were significant: Redwood reached profitability in under four years, grew its total assets to £635m, and has won 28 industry awards, including seven consecutive wins for Best Business Variable Rate Deposit Account Provider.

Redwood Bank