3 years ago

Swoop Secures £5.4 Million in Series A Funding for Expansion

  • Swoop, a UK-based money shop for businesses, raised £5.4 million in Series A funding

  • The funding will be used to accelerate international expansion, particularly in North America, enhance technology, and aggregate banking, accounting and credit data

  • Swoop provides a software platform for businesses to access funding sources

  • The company has over 75,000 businesses using its platform and will have 80 staff by the end of the summer.

      • ProblemFinancial Services

      "Businesses face difficulty in investigating and accessing a wide range of funding sources."

      Solution

      "Swoop provides a software platform for businesses to easily explore and access funding sources, including equity, grants, loans, and tax credits."

      Covered on