Funding Xchange

The business funding marketplace

Funding Xchange (FXE) has developed a user-friendly and data-driven solution to an important problem within the under-served UK SME market. Compared to the existing solution of applying direct to lenders or via brokers, FXE cuts application times down to as little as 10 minutes, and significantly increases the transparency around the type and pricing of funding options available based on the specific business needs. The FXE has proven commercial traction for its lending marketplace solution and a clear roadmap to transition to a blended transactional / SaaS license model through white-labelling of its intelligent decisioning platform that will enable lenders to service the smaller end of the SME market in a cost-efficient manner.

Key facts

Sector - Enterprise

When Downing first invested - 2019

Website - www.fundingxchange.co.uk