NatWest Group is a relationship bank serving millions of people, families, and businesses across the UK and Ireland.
Portfolio
11
companies
Icon Solutions
Icon Solutions provides payment systems and infrastructure technology for global banks.
Coadjute
Coadjute connects property market participants through a secure data network.
AccessPay
AccessPay provides bank integration and treasury automation software for corporate finance teams.
Carbonplace
Carbonplace provides a carbon credit transaction network connecting buyers and sellers through banks.
Updraft
Updraft provides loan refinancing solutions to help members understand their financial profiles and pay off expensive debt.
Cirrus
Cirrus provides cloud-based contact centre software for digital customer service operations.
Pollinate
Pollinate provides cloud-based software that helps banks modernise digital services for business customers.
Solarcentury
Solarcentury develops and builds large-scale solar power projects and smart energy technology.
Zen Internet
Zen Internet provides independent telecommunications and technology services across the UK.
BCN Group
BCN Group provides managed IT, cloud and digital transformation services.
The Hut Group
The Hut Group operates international online beauty and wellbeing retail brands powered by proprietary e-commerce technology.
Howard Gillibrand
David Caunce
Kieran O’Malley
Emily Smithies
Senior Manager, TMT
Emily brings banking and venture experience from roles at NatWest, Coutts, and Fearless Adventures.
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Amy Wright
Amy brings corporate finance and debt advisory experience from roles at Grant Thornton and NatWest.
Rachael Cloke
Rachael brings portfolio management experience from NatWest, having previously held structured finance roles within the institution.
Mike Malone
Director, Structured Finance
Martyn Lylyk
Martyn brings corporate banking, credit management, and founding experience from NatWest, The Royal Bank of Scotland, and Bag and Go Limited.
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Drew Hayes
Relationship Director
Drew brings financial services experience from roles at NatWest and RBS.
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Phil Marshall
Phil brings commercial banking and relationship management experience from roles at NatWest and Yorkshire Bank.
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Kit Maclaren
Director at NatWest Growth Capital
Kit brings investment experience from YFM Equity Partners, NatWest Growth Capital, and RBS.
LinkedInRob Lamont
Director, Financial Institutions
Mark Brant
Chief Payments Officer
Ian Povey
Miguel Sard
Managing Director, One Bank Mortgages
UBS led the funding round to support the development of the Icon Payments Framework.
"This investment reinforces our partnership with Icon and confirms our commitment to deliver faster to market, future-ready payment solutions for our clients. The collaboration helps us drive innovation at scale and enhances our capabilities for seamless instant payments and advanced transaction processing."
Lloyds Banking Group led a £10m investment round to fund the national roll-out of Coadjute's property technology platform.
"We’re delighted that the Coadjute network is now being backed by the biggest players in the UK property market, enabling us to further expand our offering and roll out to more home movers and the professionals that serve them. Together with the estate agents, conveyancers and brokers joining the network, we hope to transform the experience of moving home in the UK, making it quicker, easier and safer for everyone in the future"
The Manchester fintech raised £18.9m in a round backed by True Ventures, Praetura Ventures, NatWest, Mastercard, Route 66 Ventures, and Beringea.
"AccessPay simplifies corporate and institutional banking processes by streamlining all bank and finance apps into a shared interface. This astute merging of automation, fintech, and tooling that improves processes for a massive market is what drew us to invest in this team since its seed investment, and we continue to feel excitement for the company’s next phase of growth and expansion."
The strategic minority investment follows NatWest selection of the Icon Payments Framework to update its payment infrastructure.
"Our relationship with Icon Solutions has already helped us to bring our payments estate to life. This investment is fundamental to the delivery of our modernisation in payments technology, which will enable us to better serve our customers and to remain at the forefront of the payments industry."
The funding comes from nine founder banks to support platform scaling and team expansion.
"With Carbonplace, we are transforming the way that carbon credits are bought, distributed, held and retired. I am excited to take this company to the next level of its evolution, and to help unlock its massive potential to drive significant economic and social value by opening the carbon markets up to the world."
The £108m investment was led by backers including NatWest, LC Nueva, and Auluk Investments to fund product development and growth.
"We are thrilled to close this latest round of funding, where our debt and equity partners have demonstrated their belief in Updraft’s team and our mission, particularly in the current macroeconomic environment. It is a testament to what Updraft is trying to do; provide real solutions to customers to help them find their financial freedom. We have big ambitions planned for 2023, and this recent fundraiser puts us in a great position to help even more people."
The investment round was led by NatWest with support from Quilam Capital to fuel the company growth and consumer lending targets.
"Updraft has performed incredibly well in 2021 and we’ve seen a real acceleration in growth in just the past few months. Our customers love the solution we provide and we are determined to help even more people with this new investment."
BGF led the funding round with participation from NatWest to accelerate product innovation and sales expansion.
"We are delighted to work with Cirrus, and their new investor BGF, as their business scales up. Their strong technology product puts them in a great position to capitalise on the excellent growth prospects in front of them."
National Australia Bank led the series B round to support the platform's international expansion.
The banking facilities are supported by UK Export Finance and will fund the construction of two utility-scale solar plants in Spain.
"Today’s announcement is testament to the strength of our business, Solarcentury’s unrivalled experience in developing and building large-scale infrastructure projects globally, and the significant investment potential of subsidy-free solar in Europe."
The financing package from NatWest will support network upgrades, team growth, and debt refinancing.
"We are delighted to be able to continue our support for such an exciting company. Zen has a well-established track record and an ambitious growth strategy. We are pleased that we have been able to provide the financial support needed in order to deliver on its next phase of growth and support another exciting, high growth locally-based business."
The funding facility will support the managed service provider in executing its buy and build strategy.
"We all welcome David to the board, his experience around executing buy and build strategies will be a great help as we deliver our strategy. We are looking at several potential acquisition opportunities already which will enable us to provide an even broader portfolio of products and solutions to our clients and an increased level of opportunity for our staff. This committed facility will support our strategy and enable us to move faster when assessing strategic acquisition opportunities. I look forward to hopefully announcing our first deal in the not too distant future"
The revolving credit facility will support major investments in beauty, technology and infrastructure.
"We are delighted to join The Hut Group’s core banking facility at this exciting time in the company’s development. This transaction is in line with the banks strategy of facilitating UK corporates with their trade flows to China and underlines our confidence in the THG management team."
