6 years ago

B-North Raises €2.34 Million in Crowdfunding, Ready for Launch

  • Manchester-based challenger bank B-North has successfully raised €2.34 million through crowdfunding platforms Crowdcube and Growthfunders, exceeding its initial target

  • The funds will be used to expand the bank's workforce and infrastructure

  • B-North aims to disrupt the UK business lending market by offering faster and more efficient loan facilities, with a focus on customer service

  • The bank plans to launch regional 'Lending Pods' across Manchester in the second quarter of 2020, offering customers more certainty, flexibility, and access to funds.

      • ProblemFinancial Services

      "Business lending can take months, making it difficult for SMEs to access funds"

      Solution

      "B-North aims to transform the lending experience through high-level customer service, cloud banking technology, and regional 'Lending Pods' to offer certainty, flexibility, and access to funds"

      Covered on