Cashplus has seen a huge demand for its banking services providing specialised credit products through its digital and mobile platform. With over 1.3m customers since inception, the company has provided £180m in finance over the past 5 years, focusing on the SME sector. Often regarded as the original disruptor in the fintech space, Cashplus will use these new funding lines to expand its credit offerings – primarily investing in and strengthening its crucial support for SMEs. The news comes after a series of announcements which demonstrate Cashplus remains ahead of the fintech curve, reporting a 6th year of profitability in June and the launch of its API in March. 

http://www.fintech.finance/01-news/cashplus-expands-with-new-30m-debt-facilities-led-by-rbs/