Award-winning SME lender 365 Finance relocates within London to a new office in Soho, as the company expands and reports a 40% year-on-year increase in total funding volume.

Previously based in Camden, 365 Finance has moved to Soho to benefit from a larger office space along with the more central London location from an accessibility perspective – which also brings the lender closer to the fintech community and talent within the industry.

Demand for the company’s revenue-based finance, a form of fast and flexible funding, continues to grow as does the award-winning team at 365 Finance, with the lender’s global workforce having increased by 35% over the last 12 months.

Continued development of a highly automated embedded finance platform, coupled with additional strategic partnerships and international expansion has allowed 365 Finance to provide 47% more SMEs with funding support over the same year-to-date period as last year.

Warren Abbey, CEO at 365 Finance, said, “This move marks yet another exciting milestone in our growth journey that started in 2014. We’ve provided close to £600 million of funding to SMEs over this period and are uniquely placed from a technology and balance sheet perspective to continue to scale across the UK and Europe.

“Soho puts us at the heart of London’s tech and finance community, surrounded by the energy and innovation that define this industry. The new office will give us the space we need to continue scaling, to collaborate more effectively, and to welcome the talent joining us as we grow across Europe and beyond.”

Qualifying SMEs across the UK can access funding of £10,000 to £500,000, often within 24 hours, with 365 Finance also offering revenue-based finance to SMEs in Ireland.