Stubben Edge Groupspecialist in innovative products and technologies, is pleased to announce its latest acquisition of Finpointan FCA regulated credit brokerage intermediary. The agreement, following approval by the Financial Conduct Authority (FCA), aims to expand the range of services provided by Stubben Edge as well as the company’s independent financial advisers (IFAs) and brokerage network.
Based on the acquisition of smallbusiness.co.uk and growthbusiness.co.ukthis agreement further expands the assistance that Stubben Edge can provide brokers and IFAs to help them build a comprehensive insurance, lending and liquidity proposition for the small and medium enterprise (SME) market.
Finpoint is a trusted partner of the Federation of Small Business and Finance UK and is also a delivery partner for various chambers of commerce and growth centres. Its proprietary business finance platform enables SMEs to access various lending opportunities, disrupting the traditional brokerage market. The platform, backed by state-of-the-art technology, is efficient, transparent and free, making it the natural choice for SMEs looking to finance themselves quickly and securely. Finpoint’s online service verifies a company’s eligibility for financing across the market using accounting and banking data, streamlining and reducing uncertainty around the financing process. Then businesses can easily choose between business loans, equipment purchase financing, commercial mortgages and asset financing. With an experienced team and complementary proprietary technology, Finpoint represents a new area of growth for Stubben Edge Group, expanding the offering for its customers.
Guy Bridge, CEO of Finpoint, said, “We see this acquisition as a huge opportunity to build on the trust-based approach that Finpoint has developed over the past few years as we integrate our offering into the Stubben Edge Group. We are excited about the significant potential we can realize by combining the entire Finpoint team’s vast experience in financial services, allowing us to increase our performance and continue to stand out from the crowd. Our complementary proprietary technology, coupled with excellent exclusive partner relationships, will bring another welcome dimension as we will be the credit market component of the larger financial services market that Stubben Edge Group has created. We are delighted to be part of the Stubben Edge Group. »
Chris Kenning, CEO of Stubben Edge Group, comments: “Finpoint and Stubben Edge have the same philosophy and commitment to improving financial services through technology and excellent customer service. This has been an exciting year for the Group, we have achieved an extremely successful fundraising and, through careful and strategic acquisitions, we are bringing a greater range of products and services to our brokers, IFAs and their SME clients.
“We are delighted to welcome Finpoint to the Stubben Edge Group, providing our customers with access to financing options that will help them start, run and grow their business with our exceptional team, technology and products through platforms and efficient and reliable services. In addition to the expertise of our editorial teams at smallbusiness.co.uk and growthbusiness.co.uk as they continue to navigate this difficult market.