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Funding Xchange

Can a UK SME lending marketplace become the infrastructure layer that lets banks, platforms, and marketplaces embed multi-lender business finance into their own products?

Founded2014
HQLondon, England, United Kingdom
Total raised$29.1M
IndustryInfrastructure / Lending
The story

Founded in 2014 as a consumer-facing digital credit marketplace for UK SMEs, Funding Xchange built a multi-lender panel covering fast business cash, invoice finance, merchant funding, and unsecured loans. Over time, the company pivoted its technology layer into a white-label B2B SaaS offering — rebranded as FXE Technologies — targeting banks, lenders, and platforms seeking to embed SME lending. The eBay integration and iwoca partnership illustrated the embedded-lending distribution model that now anchors the company's infrastructure thesis.

Last 12 months
Product timeline
2014
Founded as a digital credit broking marketplace for UK SMEs, connecting businesses to lenders.· lending
2021
Partnered with iwoca to offer fully automated merchant cash advance via open banking data.· lending
2021
Embedded its lending marketplace on eBay, enabling eBay sellers to access SME finance.· lending
2021
Worked with Capco to drive digitisation and boost support for SMEs (IBS Intelligence coverage).· pivot
2023
Rebranded technology division as FXE Technologies, pivoting to B2B SaaS solutions for banks, lenders, and the wider SME finance ecosystem.· pivot
Regulated entities
Credit Broker (FCA Authorised)
UK FCA
Funding Xchange Ltd.
The stack
Lending
Fast Business CashFlexible Line of CreditInvoice FinanceResponsible FinanceMerchant FundingUnsecured Business LoanEmbedded Lending marketplace
Accounting gap: none