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Swoop
Business funding and savings platform
- 101-200 employees
- Fintech
- B2B
- Marketplace
- Financial Services
- SaaS
- Soho, London, UK
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Company mission
To demystify the search for business funding and empower SMEs around the world to access the funds they need to grow their businesses
Few candidates hear
back within 2 weeks
45% female employees
14% employee growth in 12 months
Our take
In recent years there has been significant growth in alternative finance, grants and schemes for SMEs, but Swoop recognises that the expanding supply of finance requires intelligent delivery. Swoop is a FinTech solution supporting SMEs to access funding, addressing the need for fair access for SMEs to the banking services market.
The company's unique algorithms seamlessly connect SMEs to suitable and viable options, helping companies to understand their financial position and access services bespoke to their needs. It has over 75,000 companies, comparing 1000s of products. The effective provision of finance and banking services to SMEs is crucial for boosting economic performance.
Following increased demand for SME financing, Swoop has recently secured funding which will be used to support its plans for international expansion, in particular the North American market, according to CEO Andrea Reynolds. The company forecasts its revenues to rise by 450 per cent this year and hopes its growth will facilitate this.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Private health insurance
- Share options scheme
- Paid volunteer days
- Choice of Mac or PC
- Wellbeing program
- Pension plan
Company values
- Global
- Resilient
- Integrity
- Innovation
- Together
Funding (last 2 of 5 rounds)
Jun 2022
$6.9m
SERIES A
Apr 2022
$6.4m
SERIES A
Total funding: $23.2m
Leadership
Andrea Reynolds
(CEO)Worked as a Management Consultant at KPMG and has consulted for both large companies and SMEs alike.
Ciaran Burke
(COO)Started at KPMG as a Marketing Analyst before working as a Management Consultant with a range of clients and oversaw the launch of Hiive.co.uk.