The Money Charity Announces ClearScore CEO as New Chair

  • Charity Announces Justin Basini As Its New Chair of Trustees
  • ClearScore CEO Takes Up Position After Nearly Two Years on Board
  • Trustee Board Gives Strategic Oversight and Advice to the UK’s Financial Wellbeing and Financial Education Charity

The Money Charity, the UK’s Financial Capability charity, is delighted to announce at the start of Trustees’ Week, that Justin Basini, the Group Chief Executive of ClearScore, has been appointed as the new Chair of its Board of Trustees.

Justin Profile PictureAs the UK’s dedicated Financial Wellbeing and Financial Education charity, The Money Charity has proactively helped provide education, information, advice and guidance to people of all ages for over 25 years, to reach their vision of seeing everyone achieving Financial Wellbeing by managing their money well. They empower people across the UK to develop the skills, knowledge, attitudes and behaviours to make the most of their money throughout their lives.

Operating throughout the UK, The Money Charity is overseen by a passionate, expert and committed Board of Trustees, who bring their years of experience to regularly provide strategic expertise, insight and direction to the charity’s mission and day-to-day activities. The Board, currently made up of five members, typically meet around once every three months.

Justin Basini steps into this role having first joined the Board in 2021. The Group Chief Executive Officer and entrepreneur behind ClearScore, a leading global consumer financial business, helping over 20 million people around the world. Justin established the business in 2015 with a proposition that put users in control of their credit report and score for free, forever. ClearScore now operates in the UK, South Africa, Australia, Canada and New Zealand, with its 360 employees recently winning an employer wellbeing award for its mental health and wellbeing programme. The company was awarded the Queen’s Award for Innovation in 2020. Previously Justin has worked for Procter & Gamble, WPP, Deutsche Bank and Capital One. Justin has been a popular blogger and writer on digital issues, marketing and entrepreneurship for over 10 years and in July 2010, his first book “Why Should Anyone Buy From You?” was published by the Financial Times.

As well as this new supporting role, Justin has been instrumental in drawing together over 30 organisations from across the Fintech sector, led by ClearScore and Zopa alongside The Money Charity, in The 2025 Fintech Pledge. This industry collaboration is driving a campaign designed to generate 10 million actions that improve UK consumers’ Financial Resilience by 2025, with over 5 million actions already achieved in the first year.

Michelle Highman, Chief Executive at The Money Charity says:

“Having been an engaged and proactive member of our Trustee Board now for several years, it is great news for The Money Charity that Justin will now be taking on the position of Chair for the next few years. Both personally and as an organisation, we look forward to continuing our productive and effective working relationship with him, as well as with ClearScore more widely, as we continue our mission to see the UK increase its Financial Wellbeing.”

Justin Basini, New Chair of The Money Charity’s Board of Trustees added:

“Improving Financial Education is critical to improving Financial Wellbeing, empowering consumers to make better decisions and get better value from the financial products that they choose to use. The Money Charity plays an incredibly important role in filling the many gaps in Financial Education across the UK delivering thousands of hours of high quality, impactful Workshops and Webinars in schools, colleges, workplaces and community groups across the country. In this time of a national cost of living crisis, this work has never been more critical.

“I am delighted to be stepping into the role of the Chair of the Board of Trustees to help the organisation continue to broaden its impact and deliver its important mission, so that many more people of all ages are better equipped to face their financial challenges and opportunities.”

 

Notes to Editors

  • For over 25 years, The Money Charity has been the UK’s Financial Capability charity. We proactively provide education, information, advice and guidance to people of all ages, to reach our vision of seeing everyone achieving Financial Wellbeing by managing their money well. We empower people across the UK to develop the skills, knowledge, attitudes and behaviours to make the most of their money throughout their lives. Find out more at https://themoneycharity.org.uk/
  • If you’ve any questions, comments, or want any information about The Money Charity’s work, please contact us through [email protected]
  • Any media or press enquiries should be directed to The Money Charity’s Communications & Marketing Manager, James Yelland, on [email protected]
  • ClearScore launched in July 2015 to help everyone, no matter their circumstances, achieve greater financial wellbeing. The Group combines beautifully designed apps, with powerful, consumer-controlled data, and a cutting-edge technology stack to deliver high-growth marketplaces that retail financial products. ClearScore has grown rapidly to serve 20 million users across the UK, South Africa, Australia, Canada and New Zealand. The Group now partners with over 150 financial institutions around the world to ensure that the right product gets to the right user at the right time.
  • The 2025 Fintech Pledge brings together the Fintech industry and its strategic partners to help UK consumers build up their Financial Resilience and better protect against the rising cost of living. Its goal is to drive 10 million actions that improve people’s Financial Resilience by 2025, measured by the number of actions consumers take each month that are proven to positively build their Financial Resilience. At an average of one action per person, 10 million actions represent 20% of the UK adult population taking a positive step towards better managing a financial shock. Find out more at: https://pledge2025.org/