Cahoot is a division of Santander UK plc.
Understanding Cahoot's Ownership
Cahoot operates as an online banking service under the umbrella of Santander UK plc. This means that while Cahoot offers its own range of financial products and services, its ultimate ownership and regulatory responsibility lie with Santander UK.
Santander UK plc is a major retail and commercial bank in the United Kingdom, and it is itself a wholly-owned subsidiary of the Spanish financial services group, Banco Santander, S.A. This global connection provides Cahoot with the backing and resources of one of the world's largest banking groups.
Key Details:
- Parent Company: Santander UK plc
- Nature of Relationship: Cahoot functions as a division of Santander UK plc.
- Registered Office of Santander UK plc: 2 Triton Square, Regent's Place, London NW1 3AN, United Kingdom.
Santander UK and Its Role
Santander UK is one of the largest financial service providers in the UK, offering a comprehensive range of personal and corporate banking products. Its ownership of Cahoot allows it to maintain a presence in the digital-only banking space, catering to customers who prefer online and mobile-first financial services.
By being part of Santander UK, Cahoot benefits from the parent company's robust infrastructure, security protocols, and established reputation in the banking sector, while maintaining its distinct brand and customer focus.
