LendingCrowd selected for Upscale programme

Published: 29 January 2019

Edinburgh’s LendingCrowd has been chosen to join the Upscale programme, now in its fourth year.

LendingCrowd, the fintech lending platform, is one of 30 fast-growing startups selected for the Tech Nation programme from over 100 applications.

The experience gained through Upscale and working with Tech Nation will be invaluable as we take the platform to the next level...

Stuart Lunn, founder and CEO, LendingCrowd

 

LendingCrowd offers small business loans and investment opportunities via an online platform. Since launching in 2014 the startup, which employs 25 people, has completed more than 570 loans and its total lending has exceeded £50 million.

Companies joining the programme have on average 40 employees and revenues of more than £1.5 million a year. Margot James, Minister for Creative and Digital industries, said: “The UK is Europe's undisputed tech hub and much of our success is down to the ambition of fast-growth companies like these..."

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