FundingSearch, a commercial finance platform based in Sheffield, has been invited to participate in the Financial Conduct Authority’s (FCA) SME Finance Techsprint. The event focuses on regulatory innovation and aims to explore new solutions for small and medium-sized enterprise (SME) financing. Concurrently, FundingSearch has opened its platform to a broader range of lenders, enhancing access to finance options for SMEs.
The FCA’s Techsprint brings together fintech companies, regulators, and other stakeholders to collaborate on improving SME finance through technology and regulatory support. FundingSearch’s involvement highlights its role in advancing digital finance solutions within the UK market.
**Why this matters**
SMEs often face challenges securing timely and appropriate financing. By participating in the FCA’s Techsprint and expanding lender access, FundingSearch is positioned to improve the availability and efficiency of SME funding. This initiative supports innovation in the financial sector and aims to foster a more inclusive lending environment for small businesses.
Source: NewsData