Value proposition

Touco Lab (formerly Toucan) is focused on behavioural science that leads to positive money outcomes.


Touco (usetouco.com) helps people manage their money better together with someone that they trust, typically a carer.

Over six million people in the UK live with some kind of cognitive impairment, such as dementia or a mental health problem. Touco helps these people share timely spending alerts or selected financial information securely with someone they trust, helping them delegate financial admin and keeping them safe.

Since the team came together in March 2019, Touco has designed, built and tested their app with members of the public, working with leading research charity The Money and Mental Health Policy Institute through Nationwide’s Open Banking for Good programme.

Touco’s team are veterans of financial services and technology, having worked at Monzo, Zopa, Funding Options and more. They are now on a mission to help all banks support customers in vulnerable circumstances with safe, flexible third party access tools.

Mental Health, FinTech, Vulnerable Customers, Data Science, Money Management, and Personal Finance