London-based fintech group Bourn has raised £3.5m in funding from a bunch of backers together with NatWest Group.
Based in 2024, Bourn gives companies versatile working capital and overdraft providers by way of its commerce account.
The group stated its mission is to sort out the funding hole confronted by small and medium-sized enterprises (SMEs) by eradicating the friction of securing fast capital.
“2025 has been a yr of validation, proving that SMEs and their funding companions want a extra trendy, data-driven strategy to working capital,” stated Nick Tracey, co-founder and chief government of Bourn.
“This funding spherical is a large vote of confidence. It exhibits that established banks see the identical alternative we do: to carry liquidity nearer to the purpose of want and assist companies fund development extra dynamically.
“Our purpose is to reinvent the enterprise overdraft for SMEs. When working capital flows simply, companies make investments, rent, and develop. That’s how we make finance work for the actual economic system once more.”
Bourn stated its new funds might be used to deepen the performance of its accounts and safe new monetary providers partnerships.
“Now greater than ever, SMEs want the best assist to scale and develop – which is why Bourn’s providing has a lot potential,” stated Ladi Greenstreet, head of strategic investments at NatWest Group.
“Their founding group combines deep banking experience with real fintech innovation, whereas their capabilities complement our ambition to assist clients entry working capital seamlessly via the platforms they already use.”
Different backers of the spherical embrace McPike International Household Workplace, Haatch, Love Ventures, Portfolio Ventures and Aperture.
