Bled by BHL Holdings, the fresh capital will be used to double the UK workforce and invest in proprietary technology.
"The current pandemic has hit small businesses a lot harder than their larger, established counterparts. The economy is experiencing significant turbulence right now and the business landscape will be unrecognisable in a year's time. As a small business championing small businesses, this investment will speed up our ability to deliver bespoke insurance to underpin individual business needs. Helping businesses to not only weather this storm, but scale and thrive."
J.P. Morgan takes a strategic stake in the payments technology provider to support its global expansion and platform development.
"We will benefit greatly from the scale and insight of a global banking leader and one of the most visionary technology companies in the world, with the flexibility and independence to pursue our innovation and growth roadmap"
The Scottish fintech secured funding to continue helping individuals improve their retirement outcomes.
"When The Pension Freedoms were introduced I immediately knew people are going to need help here. It took a number of years to build, test and improve. All the time I was thinking I can’t be the only person thinking this, but have been surprised by the lack of other offerings that have emerged. We’re really looking forward to seeing what the future holds."
The Leicestershire distillery surpassed its £100k target to support portfolio expansion into non-alcoholic spirits.
"Despite the impact of Covid, 2020 has been a year of great progression for Burleighs Gin. The success of our crowdfunding campaign with Seedrs will now allow us to further drive our growth and progress with a number of exciting projects"
