Fintech
MarketFinance Secures £100 Million from Deutsche Bank for UK SMEs
19 June 2024
Written By FinTech Alliance
MarketFinance, a London-based fintech, has obtained £100 million in debt financing from Deutsche Bank to support UK SMEs. This funding aims to aid businesses in managing cash flow and achieving growth, especially as lending to small firms reaches record lows.
The platform enables quick access to loans up to £500,000 within 24 hours. This investment underscores MarketFinance’s commitment to providing seamless, tech-driven financial solutions for under-served sole traders and partnerships in the UK.