From repaying investors to reinventing finance: SSV Capital sets sights on disrupting fintech giants

SSV Capital PLC CEO Ankur Ghosh joined Stephen Gunnion in the Proactive studio with details of the company's recent progress and future plans in the fintech space. The conversation began with Ghosh confirming that SSV Capital has fully repaid its convertible loan note holders, returning more than £3 million to investors. He described this as a positive milestone that has generated strong investor confidence, with many reinvesting into the business. The company’s primary focus now lies in accelerating development around SSV Smart Pay, particularly in open banking and real estate proptech. Additionally, it has begun operations for its fund management business, SSV Funds sarl, based in Luxembourg. Looking ahead, Ghosh revealed major news: the launch of SSV Smart Account, with regulatory approval expected by 15 September. This move will allow the company to offer savings and current accounts, targeted primarily at its Smart Pay merchant base, but open to all customers. “We were challenging Visa and Mastercard,” Ghosh said. “Now, we’ll be launching current accounts, challenging Monzo and Revolut.” He added that SSV Capital is aiming to build a full embedded finance ecosystem, including plans to explore a service that could rival Klarna. The company intends to soft-launch SSV Smart Account by the end of September or early October 2025. For more interviews like this, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to the channel, and enable notifications so you never miss an update. #SSVCapital #Fintech #SmartPay #OpenBanking #DigitalBanking #SmartAccount #EmbeddedFinance #StartupFinance #ChallengerBank #InvestingNews #Proptech #FCAapproval