UK SMEs, we salute you. You’re the undisputed backbone of the UK economy and we’re here to help you realise your true potential.
Employees: 51-200
Total raised: $49.38M
Founded date: 2017
Investors 1
| Date | Name | Website |
| - | Namier Cap... | namiercapi... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 24.12.2022 | - | $30.17M | - |
| 24.08.2021 | - | $19.21M | - |
Mentions in press and media 10
| Date | Title | Description |
| 24.12.2022 | UK’s Recognise Bank Secures £25M Investment | The latest funding comes from the bank’s largest investor and will be “used to increase loan book and develop new products for SMEs.” Digital SME lender and savings provider Recognise Bank has conditionally “raised a further £25 million in ... |
| 23.12.2022 | SME lender Recognise Bank gets £25m | Recognise Bank, a small and medium enterprises (SMEs) lender and savings provider has received an additional £25m from shareholder PV27. The bank offers business loans, commercial mortgages, bridging loans, buy-to-let loans along with perso... |
| 23.12.2022 | UK’s Recognise Bank secures £25m funding from PV27 | London-based digital small and medium-sized enterprise (SME) lender and savings provider Recognise Bank has “conditionally” raised an additional £25 million from its largest shareholder, PV27. Recognise Bank raises £25m The fresh funding br... |
| 11.11.2021 | Recognise Bank selects ClearBank to enhance the SME and retail banking experience | 11th November 2021, London, England: ClearBank, the cloud-based clearing bank, has announced its partnership with Recognise Bank, a subsidiary of City of London Group plc (AIM: CIN) and the UK’s newest SME bank with retail deposit taking ca... |
| 24.08.2021 | Recognise’s £14M capital raise gets it closer to full banking—but it faces a crowded field | The news: Recognise Bank, a UK challenger that focuses on small and medium-sized businesses (SMBs), has closed a £14 million ($18 million) funding round. This amount brings Recognise up to the minimum capital requirements laid out by the Pr... |
| 24.08.2021 | SME Banking Platform Recognise Bank Secures £14M in Funding, Firm Now Meets Prudential Regulatory Authority Capital Requirements | Newly-introduced SME bank, Recognise Bank, reveals that it has acquired £14 million in funding, which includes a recent investment from one of its existing shareholders. The capital injection means that Recognise Bank has now satisfied the ... |
| 09.12.2020 | Exclusive launch interview: CEO Jason Oakley on Recognise, Britain’s newest bank | Following FCA approval of a banking license application in November, SME lender Recognise’s banking operations formally launch this morning with four branches in the City, Manchester, Leeds and the Midlands, as well as an app and online pla... |
| - | Recognise Bank Ltd | “Flexible business loans and great rates on all your savings Tailormade loans and expert support to grow your business great rates and peace of mind for your…” |
| - | Recognise's £14 million capital raise gets it closer to full banking—but it faces a crowded field | UK challenger Recognise Bank has closed a £14 million ($18 million) funding round. Recognise will have to take on both neobanks and established banks in the crowded domestic market. Insider Intelligence publishes hundreds of research report... |
| - | Recognise’s £14M capital raise gets it closer to full banking—but it faces a crowded field | The news: Recognise Bank, a UK challenger that focuses on small and medium-sized businesses (SMBs), has closed a £14 million ($18 million) funding round. This amount brings Recognise up to the minimum capital requirements laid out by the Pr... |