Founded in 2018, Swoop grew through the pandemic by giving businesses access to the CBILS and RLS initiatives. As part of Swoop’s ambitious growth strategy, offices have also opened up in Sydney, Australia and Toronto, Canada with further plans for expansion in 2023.
As well as finance products from VAT loans to commercial mortgages, Swoop helps business owners sell equity and launched Swoop for Brokers and Swoop for Advisors, targeting financial professionals.
Swoop works with over 1,000 funding providers from mainstream banks, alternative lenders, venture capital funds, SEIS/EIS funds, angel investors and grant agencies. Whatever your funding requirement, Swoop is able to offer a solution.
The company uses open banking technology to show customers potential savings on products such as foreign exchange, bank accounts and utilities. All of this is done automatically through bespoke technology coupled with Swoop’s team of experts.
Highlight achievements:
- CEO Andrea Reynolds has been named one of Success Pitchers magazine’s Most Successful Business Women to Watch in 2022
- Awarded £7.5m in grants by the Banking Competition Remedies (BCR) scheme
- Named in the “Hot Ten” list for the Global Fintech 50 for 2019
- Winner: New Statesman Positive Impact on the High Street Award 2022
