IBS Intelligence

Funding Xchange to boost SME lending with 8 million pounds funding

Publication: IBS Intelligence
19th November 2019

London-based fintech Funding Xchange has secured £8m in a funding round led by Downing Ventures and Gresham House Ventures in a bid to enhance its lending marketplace service. The funds will help propel the launch of its white-label ‘lending-in-a-box’ solution, which seeks to digitise the underwriting process for enabling banks and lenders to provide a better experience for the customer as well as support better products in the market.

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