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Barclays led Funding Xchange’s Series B funding round to boost ecosystem adoption and transparency in SME lending

PRIVATEApr 11, 2024

Round Type

Series B

LondonFinancial ServicesSoftwareLending

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.

Quick answer

Funding Xchange raised an undisclosed amount in a Series B round, dated April 11, 2024. Investors: Barclays. Funding Xchange is based in London, England, United Kingdom.

How much did Funding Xchange raise?
Funding Xchange raised an undisclosed amount in a Series B round on April 11, 2024.
Who invested in Funding Xchange?
Barclays is named as investors in this round.
What does Funding Xchange do?
We founded Funding Xchange to help business owners navigate the funding space and take control of funding their business – addressing one of the biggest obstacles growing businesses are facing.
Where is Funding Xchange based and how big is it?
Funding Xchange is based in London, England, United Kingdom.
Who are the decision-makers at Funding Xchange?
Fundz holds 1 contact at Funding Xchange. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Lending around the same time

Companies in the same sectors as Funding Xchange that raised within 45 days of this round, from Fundz verified event records.

  • Blend Labs raised $150M (Series A) on April 29, 2024.
  • QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
  • Mayan raised $3M (Seed) on April 11, 2024.
  • Copilot Money raised $6M (Series A) on March 25, 2024.
  • Copilot Money raised $6M (Series A) on March 21, 2024.
  • Kaskade Finance raised an undisclosed amount (Pre-Seed) on March 12, 2024.

Who to call at Funding Xchange, and when

A new round usually means Funding Xchange is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Funding Xchange raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Funding Xchange, from your own LinkedIn network

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Company Information

Company

Funding Xchange

Location

London, England, United Kingdom

About

We founded Funding Xchange to help business owners navigate the funding space and take control of funding their business – addressing one of the biggest obstacles growing businesses are facing. As owners of small businesses, we have first-hand experience of how difficult it can be to find the right funding for your business – even if there are now hundreds of innovative solutions available. This led us to set up Funding Xchange, the marketplace for business funding. - Simplifies access to business finance through one funding request - Delivers the best available quotes, from the whole of the lending market - Promises to always be transparent and unbiased - Never charges the business for using our services

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Funding Xchange raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Funding Xchange raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.