FF News Logo
Thursday, August 06, 2026

Breaking News

Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation CLS Appoints Six New Board Directors Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World SumUp Launches in Canada European Fintech Association Elects New Board of Directors G+D: Navigating the Future of Fintech Agility and Innovation Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements EXCLUSIVE: “Keeping The Rubber on Track” – Nick Kerigan, Swift in ‘The Fintech Magazine’ Megadeals Are Back. Here’s Why J-P Conte Thinks Patient Capital Still Wins. A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008 UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan

April 8 2021

Starling Bank and Funding Options join to support SME’s

Share this post:

Share on LinkedIn Share on WhatsApp

Starling Bank and Funding Options decided to join forces and help SME’s with their recovery in 2021.

Funding Options was founded in 2011 and describes itself as a “data-driven marketplace for business finance that endeavors to help small-medium enterprises (SMEs) secure the funds needed to thrive”.

Read also: Starling Bank confirms £272m funding round led by Fidelity Investments

With about 120 lending partners, Funding Options has helped raise approximately £500m between 10,000 businesses in the UK and the Netherlands.

The digital bank Starling recently announced a plan in which it is going to hold 18% of the SME banking market in five years, Insider reported.

The current share of the small business market is around 4.4%. However, CEO Anne Boden believes the company will be able to capture even more business customer thanks to her experience and the technology Starling provides.

“By forming lending partnerships with credit brokers such as Funding Options, Starling is making it easier for small businesses to get access to the funds they need to survive, grow and flourish,” said Helen Bierton, Chief Banking Officer.

Stuart Lawson, CRO at Funding Options said: “This partnership with Starling Bank is yet another strong signal to business owners that Funding Options will do everything to drive competition in the SME lending market and champion business growth by offering fair, cost-effective and competitive choice.”

[mc4wp_form id=”2736″]

An analysis from 2020 by McKinsey shows that SMEs represent 50% of the total UK economy.

During the pandemic Starling has managed to give out £1.4bn in bounceback loans. About 66% of the recipients were based outside of London. For example, Scottish business customers of Starling received around £67m in such loans.

  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation

    Banking Transformation Summit 2026

     Read more
  2. CLS Appoints Six New Board Directors

    Hiring

     Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World

    Fintech

     Read more
  4. SumUp Launches in Canada

    News

     Read more
  5. European Fintech Association Elects New Board of Directors

    Hiring

     Read more
More On