Tagged: katrin herrling

September 2, 2021 @ 6:53 am By Omar Faridi  |  

iwoca, one of the largest small business lenders in Europe, has introduced its “industry-first” cash advance product on Funding Xchange for small business online sellers. iwoca will reportedly be the first lender in the United Kingdom – leveraging Open Banking – to provide fully automated… Read More

July 10, 2021 @ 4:57 pm By Omar Faridi  |  

After selling its proprietary lending technology to banking institutions, Funding Xchange has decided to launch an FXE Technology unit. The FXE Technology division for lenders will offer affordability and eligibility assessments, along with portfolio monitoring services after loans have been issued. Funding Xchange Co-founder and… Read More

June 28, 2020 @ 1:54 pm By Omar Faridi  |  

UK’s Funding Xchange (FXE), a Fintech that helps people and organizations find suitable business loans and funding options from its marketplace of more than 45 established lenders, is teaming up with Enterprise Nation, a UK-based community of SMBs and advisers that aim to provide a… Read More

November 19, 2019 @ 7:18 am By Omar Faridi  |  

Funding Xchange (FXE), a company that helps people and organizations find suitable business loans and funding options from its marketplace of more than 45 established lenders, has raised £8 million (appr. $10.4 million) through an investment round. FXE’s decisioning platform is used by UK-based Monzo, a… Read More

October 1, 2019 @ 8:45 am By JD Alois  |  

Funding Xchange says that borrowing costs for some UK businesses are dropping. Funding Xchange tracks the activity of 40 lenders specialising in small business lending. According to their forthcoming “SME Lending Monitor,” 60% of businesses with a reasonably good credit profile are able to access… Read More