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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
903
Total raised
£37.1B
disclosed amounts
This month
£25.0M
raised so far
The London fintech secured $112m in debt financing from HSBC Innovation Banking and BCI Capital to scale its operations internationally.
"The challenge faced by small businesses when seeking finance is indicative of the inflexible lending criteria maintained by traditional banks, which often unfairly categorise SMEs as high-risk borrowers. This issue stems from outdated lending practices and technologies which fail to adequately cater to the needs of smaller, asset-light businesses."
The seed round was led by TX Ventures with participation from Form Ventures, Portfolio Ventures, Neosfer, and Core Angels Barcelona.
"After meeting with many banks and fintechs, it was clear that this problem was extended within the financial industry. So we started focusing on solving this and helping banks get access to better data, prioritising accuracy and security."
The oversubscribed round was led by Growth Capital Ventures with participation from SyndicateRoom and existing backers.
"We are thrilled to continue receiving the backing of such seasoned investors. This marks a significant milestone for Finexos and is testament to the dedication of our entire team in propelling the company to this pivotal stage. We greatly look forward to strengthening existing partnerships and forging new connections as we work to empower financial institutions to make more informed credit decisions and drive improved outcomes for both lenders and borrowers."
Eurobank has taken a minority equity stake in the smart money app as part of a strategic regional partnership.
"This is a huge milestone for Plum, giving us the opportunity to turbocharge our growth in the EU following our success in the UK. The digital trends are promising and there is a clear gap for an app like Plum to help Greek consumers with their money management."
The pre-Series A round included participation from Speedinvest, Daphni, and Endeavor Catalyst.
"What Flow48 is bringing to the table is not just innovative, it’s essential for SME growth in the region’s economic landscape. As we look ahead, the potential for Flow48 to expand beyond Revenue Based Financing is very exciting. The team is on track to become a full-service fintech solution for SMEs and expand their offerings to insurance, payments, and other financial services,"
