<div>
  <ul>
    <li>
      <p>
        Recognise Bank, a UK-based digital SME lender and savings bank, raised GBP 25 million (~USD 30 million) in a funding round led by PV27. The company&rsquo;s total equity funding currently stands at more than GBP 95 million (~USD 115 million).
      </p>
    </li>
    <li>
      <p>
        Since September 2021, Recognise Bank supported more than 1,000 SMEs with more than GBP 112 million (~USD 135 million) in commercial lending and over GBP 117 million (~USD 141 million) in business savings.
      </p>
    </li>
    <li>
      <p>
        The funds will be used for product and technology development and to support its commercial lending services.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.recognisebank.co.uk/news-and-views/recognise-bank-secures-25m-investment/">
      Company press release
    </a>
  </p>
  <p>
    <a href="https://fintech.global/2022/12/22/digital-sme-lender-recognise-bank-raises-25m/">
      FinTech Global
    </a>
  </p>
</div>


All Updates

Recognise Bank raises GBP 25 million in funding

Recognise Bank has appointed former senior banker–Jean Murphy as CEO

Recognise Bank partners with TruNarrative to transform its customer onboarding process