Raphaels Bank

R. Raphael & Sons Limited
Company typePrivate company limited
IndustryFinancial services
Founded1787 (1787)
FounderRaphael Raphael
Defunct30 October 2020
FateIn liquidation
Headquarters,
England, UK
Area served
Europe
Key people
J H A Quitter (Chairman)
Productspersonal savings, multi-currency ATMs, consumer credit, prepaid cards, credit cards
Revenue£ 91.6 million (2013)
£ 38.2 million (2013)
£ 4.1 million (2013)
Number of employees
84 (2013)
ParentLenlyn Holdings
Websiteraphaelsbank.com

R. Raphael & Sons Limited, trading as Raphaels Bank, was a small UK-based independent bank that provided prepaid and credit card services, personal savings products, consumer credit, and a multi-currency ATM network.[1][2]

It was established in 1787 by Dutchman Raphael Raphael who moved to London at the start of the Napoleonic Wars. The bank was owned by the Raphaels family until 1983 and was owned by the Lenlyn Holdings plc starting in 2004.[3] It went into liquidation in October 2020.[4]

  1. ^ "Raphaels bank issues prepaid card for RAC customers". SourceWire news distribution. May 27, 2014.
  2. ^ "Raphaels Bank Regulatory Status". Financial Conduct Authority. Retrieved August 23, 2014.
  3. ^ "About us - A proud tradition of dedicated personal service and expertise". Raphaels Bank. Retrieved August 15, 2014.
  4. ^ "Deloitte UK Insolvencies | R. Raphael & Sons Limited and Southern Finance Company Limited (In Liquidation)".