Secure Trust joins a growing list of banks moving into the area, including the digital lenders Revolut and Monzo, Goldman Sachs through its partnership with Apple, and Barclays in the US.
The lender, which has a large financing business for purchases, is planning to expand into shorter-term buy now, pay later offers.
Secure Trust, which was founded in 1952 is based in Solihull, has 1.5 million customers and almost 1,000 staff. It operates in several niche areas, including property, car finance and debt management. It has a business, V12, which offers point-of-sale finance, with a network