multifi is a London-based credit platform that provides small and medium-sized businesses with access to working capital and integrated finance services. Its platform offers eligibility checks for up to £200K instantly and combines finance, payments, and foreign exchange capabilities. multifi charges a fixed monthly access fee of 0.3% and an interest rate of 1.99% per month on used credit. The company says it has already lent £150M to SMBs and aims to expand its product offerings. multifi is led by founder and chairman Mark Blandford and a team with backgrounds at Aldermore, Barclays, Citi, and HSBC. The firm focuses on sectors such as wholesale, manufacturing, and logistics and seeks to simplify and accelerate business finance for UK SMBs.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2023