Growth Street: Raised a £7.5 million

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Growth Street: Raised a £7.5 million scale-up investment round led by Merian Chrysalis Investment

  • The investment supported by individual investors including Rob Rankin
  • Growth Street built a differentiated product that provides flexible funds to SMEs
  • The lendtech supports SMEs with GrowthLine, described as a “transformation” of the traditional bank overdraft
  • Founded by CEO Greg Carter and serial investor Thomas Hoegh in 2014
  • Aims to combine traditional and personal relationship management with technology