Firenze
Lombard lending
- 1-20 employees
- Fintech
- B2B
- SaaS
- Central Retail District, Manchester, UK
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Company mission
To expand the reach of financial services.
Our take
The financial landscape is changing, with more people looking for ways to tap into the value of their investments without selling. Lombard loans, which let you borrow against your assets, were once only available to the ultra-wealthy, but there's growing demand for more accessible options.
Firenze is doing just that and bringing these loans to a wider audience. The platform allows wealth managers to offer loans from £25k, without moving assets to private bank custody. This helps streamline the loan process and helps clients' liquidity needs while boosting asset retention.
It's a novel idea and one that's seen early interest from investors. This exciting success has set Firenze up for future growth, signalling a bright future for the company.
Freddie
Company Specialist at Welcome to the Jungle
Funding (1 round)
May 2024
$1m
SEED
Total funding: $1m
This company has top investors
Leadership
David Newman
(CEO)Previously co-founded Delio where they served as COO. They were also a Director at DCM, a Client Advisor at UBS Wealth Management, and a Discretionary Portfolio Manager and Private Banker at Barclays.