A fintech firm launched by one of the founders of digital pioneer Atom Bank has secured a £1.3m seed investment round.
Banker and entrepreneur Craig Iley - who has already co-founded two challenger banks in the UK - has launched Business Finance Market (BFM) to streamline the lending process which brings lenders and SMEs together, in a bid to help them secure the right finance for their business.
The new technology gives SMEs access to quicker finance decisions, while giving lenders a fintech platform that will help to manage the end-to-end application process, improve information and increase deal flow, to deliver faster credit decisions.
