Business Loans Marketplace Funding Xchange Raises $10.4 Million via Round Led By Downing Ventures, Gresham House Ventures

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

More Competitive than Banks: Funding Xchange Shows Borrowing Costs Lower at Alternative Lenders

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

Read more in: Fintech, Global | Tagged funding xchange, katrin herrling, online lending, sme's, uk, united kingdom