Our
History

Over the last 30 years, and since the formation of totemic, the UK’s financial services sector has undergone many changes. There has been a huge increase in the number of products, services and companies entering the market; a wealth of changes in regulation and codes of conduct regarding how we treat clients; and waves caused by the impacts of recession and economic uncertainty.   

In addition, the ever-evolving world of technology has transformed with most people now carrying out their finances online, quickly and conveniently. totemic has embraced these changes and used its expertise in one area to capitalise on opportunities within the financial services market.

Where
it all began

The first incarnation of totemic was set up by the founder at home in the early 1990s, where a handful of people provided advice and debt solutions to police officers and members of the British forces who were struggling with their finances.

Over time partnerships were established and developed with the Government, money advice organisations, trade unions, corporate employers and creditors.

totemic is approaching its fourth decade and throughout this time has become one of Grantham’s largest employers and helped over one million people in debt