Funding Xchange

The first product the Company launched was a digital credit broking platform, the Funding Xchange Marketplace, which has been running for nearly a decade, serving hundreds of thousands of customers, in which time the technology proved its worth, reducing approval time by 75% and saving SMEs on average £9,000 per loan in financing costs (a 57% saving). These learnings from the direct Marketplace enabled Funding Xchange to build market leading technology solutions and today, Funding Xchange is providing white-label software solutions for banks and lenders and is also developing industry-wide solutions that join up the SME finance ecosystem, deliver greater transparency and ensure businesses can access suitable products that address their needs.

Funding Xchange products have been adopted by 80 of the most innovative high street banks, challenger banks and specialist lenders. The company has been recognised as a leading innovator in the commercial lending space and has won numerous international awards, including a BCR grant. In 2024, it raised a Series B, backed by Barclays, which will catalyse the business’ ability to drive ecosystem adoption of these digital tools.