Growth Street, which is reinventing the business overdraft, has hit a big milestones in June. It has now matched over £500m worth of investor funds on its platform since launch in 2014.
This milestone was hit at a time when Growth Street looks to diversify their investor offering. It recently announced Aman Mehra joining its ranks from Market Invoice to lead their efforts to attract institutional investors. This appointment followed Growth Street’s launch of an Innovative Finance ISA (IFISA) in May and its drive to vary individuals investors with businesses who may want to invest their surplus cash on the platform.
Greg Carter, CEO of Growth Street said:
“Matching over £500m worth of loans - to support British businesses achieve their plans for growth - is something the whole team should be proud of. But we aren’t stopping here. We have some ambitious goals for 2019 and beyond as we look to support more growing businesses whilst also developing our investor propositions.”