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Recognise Bank: Unveils expansion plans to transform SME banking in the UK

Recognise Bank: Unveils expansion plans to transform SME banking in the UK

  • Recognise Bank announces ambitious growth plans following a successful £25m cash raise completed earlier this month
  • The bank has raised over £95m in investment so far to provide support to UK SMEs, with the Bank’s largest investor, PV27
  • The capital injection will underpin a significant expansion in SME lending over the next 12 months.
  • The bank’s CEO, Jean Murphy, is confident that the power of the Recognise brand will increasingly resonate amongst UK SMEs.
  • To date, Recognise has provided £115m commercial loans to business customers, and options include commercial mortgages
  • The bank is investing heavily in its digital capabilities to support a fast-growing reputation for quick decisions
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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