# Funding Xchange

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/funding-xchange

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.fundingxchange.co.uk/
- Total disclosed funding: $23M
- Latest round: Series A (Sep 14, 2020)
- Investors on record: 5

## About

Founded in 2014 and based in London, UK, Funding Xchange Limited operates an online platform that enables small and medium enterprises to get compared quotes of funding from different investors. The company was founded by its CEO, Katrin Herrling. In April 2024, Funding Xchange Limited raised venture funding led by Barclays.

The company provides a platform that empowers businesses with access to funding solutions, enabling businesses to secure finance tailored to their unique needs from a network of over 70 lenders. Funding Xchange ensures businesses find the right fit for their financial requirements, whether it's fast business cash, flexible lines of credit, invoice finance, responsible finance, merchant funding, or unsecured or secured business loans. The firm’s platform allows businesses to compare terms from various lenders. The platform's extensive network includes institutions such as Barclays, NatWest, the Royal Bank of Scotland, and Funding Circle, among others.

The organization plans to use the April 2024 funding to promote its tool to banks and other lenders.

## Funding rounds

- Series A, Sep 14, 2020, $10M — Gresham House, Downing, Hambledon Capital
- Series A, Nov 1, 2019, $10M — Gresham House, Downing
- Series A, Nov 2, 2017, $2.5M — Kimera Systems, Calibrate Management

## Investors

- Kimera Systems — Series A
- Calibrate Management (https://capitalatlas.ai/funds/calibrate-management) — Series A
- Gresham House (https://capitalatlas.ai/funds/gresham-house) — Series A
- Downing (https://capitalatlas.ai/funds/downing) — Series A
- Hambledon Capital — Series A