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Contis: Bids for £35 million from RBS bail out fund

August 9, 2020

Contis, has applied for two grants from the RBS & BCR Alternative Remedies Package, totalling £35 million
Unlike most applicants who will deploy funds through a single brand, Contis is taking a completely different approach
The funding used to drive fintech innovation in the UK by developing an off the shelf, B2B electronic and card payment technology platform for SMEs
With Contis’ powerful tech stack and regulated status, this will empower hundreds of fintechs to support the SME market
UK businesses are facing a challenging economic environment with the impacts of Covid-19 and Brexit
Contis’ approach is completely disruptive, offering three channels to maximise support for SMEs and sole traders