PiggyBank provides transparent and simple short term loans, payday loans and instalment loans from £100 to £1000 for new customers, and up to £1,500 for returning customers.

What is PiggyBank?

PiggyBank short-term loans are an online solution to an unforeseen expense, like a bill or a problem with a car, or it can be used as a short-term financial buffer until your next payday. Our short-term loans are flexible and can be taken out from 7 days to 35 days. For those who need money for longer, customers can apply for an instalment loan and split the repayments over a 2 to 5 month period. As a flexible short-term lender, customers can repay their loans and save interest. We also offer the most flexible repayment terms meaning customers can repay weekly, bi-weekly and monthly, and can alter pay dates and completely self-service their account using their online account portal.

PiggyBank customers can borrow £100 up to £1000 for new customers and up to £1500 for returning customers. We’re a short term lender, short-term lending, but much more human.

Our Approach

In 2012 we identified a huge explosion of short-term lending in the UK. But after having first-hand experience of the industry, it became clear that there was something missing: a human touch.

We didn’t want to buy an off the shelf system that didn’t work for the customer, so we built a proprietary system from scratch. We studied the market leaders of the time like Wonga and Zopa alongside companies who we admired like Apple, Google and Innocent Drinks to produce the world’s best financial product for the everyday consumer.

We were the first short-term lender to be authorised by the Financial Conduct Authority (FCA) which proves our testament to delivering positive outcomes for our customers at all times and in treating customers fairly.


£256Average new customer loan value
2.5Average new customer loan term (months)
£301Average returning customer loan value
1.2Average returning customer loan term (months)
8.12%Live with parents

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