Barclays led Funding Xchange’s Series B funding round to boost ecosystem adoption and transparency in SME lending
Apr 11, 2024•over 1 year ago
Round Type
series b
Investors
Barclays
Description
Barclays has led Funding Xchange’s (FXE) Series B funding round, bringing together strategic investors to boost FXE and its ability to drive ecosystem adoption. The fundraising aims to promote transparency, positive customer outcomes, and more efficient lending processes for banks and lenders.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers