Growth Street receives £10m funding round
Funds will be used to transform the business overdraft.
Funds will be used to transform the business overdraft.
Round led by Merian Chrysalis Investment.
The first live use of SME finance provider’s third-party API.
New peer-to-peer platforms that match lenders with borrowers are proving to be more efficient than banks at connecting those with money and to those that need money. Known as marketplace lenders, this new industry is still very much in its infancy, currently representing a tiny proportion of total loans compared to bank lending