In a landscape where scam calls are rampant and financial fraud drains billions from UK households, trust has become the rarest currency. For many victims, the trauma lingers beyond the loss, as every follow-up call feels like another potential scam.
This is the environment Hemal Shah stepped into when he founded Finsafe.
Rather than following the conventional path of quick-fix recovery services, Hemal took a different route. He combined psychology, education, and strategic insight to empower individuals to outsmart scammers, rather than merely chasing empty promises.
Innovation and Mindset: Breaking the Mold
As Hemal often says, “If it wasn’t done before, it doesn’t mean it can’t be done now.” This belief in innovation sets Finsafe apart, much like how Apple redefined technology. In the same vein, Finsafe believes that true progress starts when we’re willing to embrace change.
A Collaborative Approach to Combat Fraud
In the coming weeks, Hemal is planning to strengthen partnerships with key UK authorities, including the FCA, law enforcement, and major banks. By collaborating, Finsafe aims to deliver a multi-layered strategy to tackle the UK’s alarming scam rates. With one in five people falling victim and over £600 million lost despite existing efforts, this collaborative effort aims to create a powerful, multi-faceted approach that significantly reduces fraud and restores confidence.
The Power of Change
As Hemal reminds us, “The UK’s biggest challenge is the belief that change isn’t needed, but nothing changes until we change.” This mindset is at the core of Finsafe’s mission, and it’s what drives the team’s commitment to transforming fraud prevention in the UK.
The Finsafe Team: Building Trust One Step at a Time
Hemal openly shared that the team—Precious, Yannay, Nicholas, and others—faces challenging moments daily. Precious once dealt with a client who harshly told her to go “f*** herself,” and Yannay, who’s known for his resilience, has faced similar difficult interactions. Nicholas has also encountered doubts and challenges. Yet, through it all, the team remains unwavering in their commitment, driven by empathy and resilience.
Hemal is proud of this team and believes that their dedication is what will shape Finsafe’s future. In Hemal’s words, this is the kind of team he believes in: a team that truly understands the challenges and remains steadfast in their mission.
And in the end, Hemal summed it up perfectly: When the going gets tough, the tough get going—that’s Hemal’s team and Finsafe in a nutshell.
