A New Era for UK Banking

Today marks a pivotal moment in UK banking history. We're thrilled to announce the official launch of Koodooka - a revolutionary platform that's set to transform how you think about current accounts.

The Problem We're Solving

For too long, UK consumers have accepted near-zero interest rates on their current accounts while banks profit from their deposits. The average UK household keeps £8,000 in current accounts earning nothing. That's £300+ per year in lost earnings.

Meanwhile, building societies want to offer current accounts but face insurmountable barriers:

£10M+ infrastructure costs
Years of development time
Complex regulatory requirements
Limited technical expertise

Our Revolutionary Solution

Koodooka bridges this gap with a dual-sided marketplace:

For Consumers

Access high-interest current accounts from trusted building societies through one seamless app:

Earn up high interest rate on your everyday balance
Instant access to your money
One app to manage multiple accounts

For Building Societies

Finally offer current accounts without the traditional barriers:

Zero infrastructure cost - we handle everything
Launch in weeks, not years
Your brand, your products, your terms
Access £450 billion in UK current account deposits

Why Now?

Three converging trends make this the perfect moment:

Consumer Awakening: With savings rates rising, people are questioning why current accounts still pay nothing
Digital Transformation: Building societies are ready to modernize but need the right partner
Regulatory Evolution: Open Banking and new frameworks enable innovative solutions

Our Vision

We believe every pound in your current account should work as hard as you do. By 2028, we aim to:

Help 1 million UK consumers earn real returns
Partner with 20+ building societies
Redirect £1 billion from big banks to community-focused institutions

The Team Behind Koodooka

Our founding team brings 25+ years of combined experience from tier-1 banks and fintech innovators. We've built payment systems, launched digital banks, and now we're democratizing high-interest banking.

Join the Revolution

We're accepting early access registrations for our 2026 launch. Be among the first 10,000 to secure your spot and gain:

Priority access when we launch
Founding member benefits
Exclusive rate offers from partner banks

What's Next?

Over the coming months, we'll be:

Onboarding our first building society partners
Beta testing with select early users
Building our revolutionary mobile app
Securing additional regulatory approvals

Get Involved

For Consumers: Join our waitlist and be first to earn what your money deserves.

For Building Societies: Schedule a demo and discover how to offer current accounts in just 6 weeks.

A Personal Note

As someone who's spent years in traditional banking, I've seen firsthand how the system fails everyday savers. Koodooka isn't just about better rates - it's about fairness, transparency, and putting power back in your hands.

Thank you for joining us on this journey. Together, we're not just changing banking - we're revolutionizing it.

Stay tuned for more updates as we build the future of banking.

About the Author

Tinesh Babu is CEO and Co-Founder of Koodooka. With over 15 years in banking technology, he previously led digital transformation initiatives at major UK financial institutions.

Koodooka Launches: The Future of High-Interest Banking