Mark Anderson
As part of our ongoing series spotlighting innovative startups located within the UK, this article takes a closer look at companies from the credit industry, all of which were established in 2020 or later and have their headquarters in London. Each startup uniquely contributes to and shapes the credit industry, providing a diverse range of services such as marketplace lending, fintech solutions, and banking services. Furthermore, these startups stimulate economic growth and transform the traditional financial sector with their innovative approaches to lending, banking and fintech.
Without further ado, let’s dive into this vibrant sea of startups that are making waves in the credit industry. Meet the startups, learn about their services and how they are reshaping the credit landscape through innovation and cutting-edge technology.
Keep reading to explore these London-based startups in the credit industry and find out how they are turning ideas into action. And don’t forget to visit their websites, follow them on their social media platforms and connect with them on LinkedIn to stay updated with their latest news and advancements.
Prograd
Founded by Ethan Fraenkel and Marco Logiudice, Prograd is a credit marketplace dedicated to younger consumers. The startup helps enhance the accuracy of lenders’ underwriting and improves overall borrowing experience. Stay updated with Prograd on @prograduk and LinkedIn.
Bondaval
Bondaval, founded by Sam Damoussi and Tom Powell, is a digital platform designed to overhaul traditional collateral-based instruments and trade credit insurance, aiming to provide a more secure, capital-efficient, and cost-effective form of credit. Connect with them on @wearebondaval and LinkedIn.
Network B
Co-founded by Brad Blake and Shapna Majid, Network B provides banking and card-linked solutions through its API platform. The company ensures customer inquiries are adequately addressed through multiple channels. Link up with them on LinkedIn.
Fintech Review
Started by Tristan Pelloux, Fintech Review serves as a comprehensive source for fintech insights, reviews, interviews, and analysis. Visit their Twitter, Facebook and LinkedIn pages for more information.
SproutPay
SproutPay simplifies the process of sending and receiving international payments. It provides features like a smart notification system, continuous fraud monitoring among others. Follow SproutPay on Twitter, Facebook and LinkedIn to keep up with their news.
Foster Capital Partners
Foster Capital Partners operates with the primary goal to manage and increase their investor clients’ capital by redirecting it into meaningful investments and projects. Connect with them on LinkedIn to learn more.
NUMARQE
Targeting all mid-market businesses, NUMARQE provides the ultimate corporate credit card solution that simplifies expenses, payments, and card spending. Further, the company ensures the transparency of its services by offering a digitised and nearly instant view into spending. Stay updated through Twitter and LinkedIn.
trustshare, founded by Joe Harlow and Nick Fulton, is a fintech layer for marketplaces, consolidating offerings across payments, escrow, banking, and credit in a unified API. Meet them on LinkedIn to learn more.
Darksquare
Darksquare, co-founded by Alex Whitney and Daniel Harman, provides a platform that enables individuals to invest in alternative investment products ranging from distressed credit to wind farms. Find out more on their LinkedIn page.
Crossamount
Crossamount is all about making card payments cost-effective, especially for small transactions. The company offers comprehensive features such as multicurrency processing and an API for creating custom payment solutions. Get more details on their Facebook platform.
Dhow Kimura
Lastly, Dhow Kimura plays a significant role in the credit and financial services sector. Founded by Kristofer Tremaine, you can find more about the company on their @dhowkimurafund Twitter page and on LinkedIn.
In conclusion, these startups are leveraging technology and innovation to redefine the credit landscape not only in the UK but also on a global scale. Whether you’re an investor, an industry professional or simply someone interested in the financial sector’s future, keep an eye on these promising startups.
