Nationwide invests in the British energy bill saver Switchd

UK building society Nationwide has invested in consumer champion Switchd, a fintech company that automatically switches people’s energy provider to get them to pay the “best deal” on the market.

The co-founders of Switchd, Llewellyn Kinch and Thomas Rogers

Switchd not only looks at the “big six” suppliers such as British Gas, EDF and Scottish Power, but also takes smaller companies into account in its cost-benefit analysis.

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