Wednesday 23 October 2019

Clean Swoop: SME funding platform gets €5.6m to boost expansion

Swoop founders Andrea Reynolds and Ciaran Burke
Swoop founders Andrea Reynolds and Ciaran Burke

SME funding platform Swoop has received £5m (€5.6m) in funds from RBS through the UK's Banking Competition Remedies body (BCR), an independent group that works to promote competition in the banking market.

The money will be used to help the Dublin-based firm expand its presence in Ireland and the UK. The tech platform describes itself as a 'one-stop, money shop', supporting SMEs through information, and access to the funding landscape.

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