Fleximize secures £16.3m debt financing

FinTech Collective

April 13, 2017

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FinTech Collective

Suffolk, UK based SME lender Fleximize has secured £16.3m in debt financing from Hadrians Wall Capital. Fleximize works to grow British SMEs by offering tailored financial solutions to its customers and employing relationship managers to provide clients with regular support.

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The firm’s ‘revenue advance’ loan gives customers flexible funding, which they can pay back at a pace in accordance with their businesses’ development. Call analytics startup Iovox secures $9m Series A with $1m debt financing The Suffolk-based FinTech startup said the Hadrian’s Wall investment will help it to achieve its goal of lending small- and medium-sized enterprises (SMEs) £100m by 2019. Since 2014, the company has lent £40m to businesses such as the Norfolk-based Shelly’s Pie and Mash shop and bespoke bridesmaid dress retailer Nabbd in Wimbledon.

http://techcitynews.com/2017/04/11/suffolk-based-fintech-platform-fleximize-gets-16-3m-investment/