Funding Xchange Wins Best Investment in FinTech Award 2016

Funding Xchange have won the UKBAA Award for Best Investment in FinTech at the UK Angel Investment Awards 2016.

This award, sponsored by KPMG, celebrates investment in high growth potential businesses demonstrating innovation in the FinTech sector and recognises the role of the investors who backed them.

Funding Xchange’s win was announced by Kiki Loizou, Small Business Editor of The Sunday Times, at the UKBAA Angel Investment Awards 2016 at the Dorchester Hotel on 5th July 2016. The award was presented by Warren Mead, Global Co-Lead for FinTech at KPMG (pictured, right).

The nine finalists were:

The nine shortlisted companies for this award all demonstrated their capacity for disrupting their market or industry and have successfully used angel investment and other relevant sources to increase their potential to achieve high growth.

Funding Xchange was recognised by the judges to address a clear underserved market for growing small businesses and developed a disruptive technology to cut through the process to access alternative finance sources. It has been successful in being one the first platforms authorised for businesses that are rejected from the banks to find help and access relevant finance sources. The business has attracted a strong range of investors and co-investment – from angels to VCs – to support its further growth and scale-up.

Landbay, which won the One to Watch Award, was seen as an innovative platform for buy-to-let mortgage lending. Having successfully mobilised crowdfunding investment through several rounds onSeedrs, including backing from Tennis star Andy Murray, Landbay has gone on to access further angel and institutional investment and attracted key industry players and partners.

We very much look forward to watching the future progress of Funding Xchange and Landbay over the course of the next year.

By UKBAA 15 Jul 2016