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Recognise Bank: Announced a successful £14 million capital raise

By: Laura M

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Recognise Bank: Announced a successful £14 million capital raise

  • Recognise Bank was created to change the face of SME banking in the UK
  • The Bank combines personal service with cutting edge cloud-based banking technology
  • The latest capital raise clears the way for the removal of deposit restrictions by the PRA
  • Major shareholder Ruth Parasol increases her investment
  • Creating a network of regional hubs with experienced Relationship Managers who work directly with small businesses and advisers
  • The bank embraced the latest cloud-based banking technology to provide SMEs with quicker lending decisions
Laura M

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