British Business Bank

The British Business Bank, established in 2014, is a state-owned economic development bank in the United Kingdom focused on enhancing the finance markets for smaller businesses. By leveraging governmental resources and expertise, the bank designs programs that improve access to finance for various business sectors. Its commercial subsidiary, British Business Investments, operates independently to seek investments while aiming for commercial returns, without relying on government advantages. The bank collaborates with a diverse array of finance providers, including banks, leasing companies, venture capital funds, and online platforms, to effectively address the unique financial needs of smaller enterprises and stimulate economic growth.

Anu Adebajo

Investment Manager

Richard Coldwell

Director

Ian Connatty

Managing Director, Funds

Ken Cooper

Managing Director of Venture Capital Solutions

Sam Ettelaie

Venture Capital Investment Manager

Christopher Fox

Chief Financial Officer and Head of Central Services

Peter Garnham

MD

Adam Kelly

Director

Phillip McLelland

Managing Director, Finance

Morgan, Keith C. W.

Chief Executive Officer

Past deals in Banks

Kingsway Asset Finance

Debt Financing in 2023
Kingsway Asset Finance is an independent company that specializes in asset finance and equipment leasing, primarily serving the small and medium-sized enterprise (SME) market in the UK. The firm provides a range of financial products, including commercial loans, professional loans, hire purchases, leases, and recovery loan schemes, designed to meet the diverse needs of its clients. By focusing on the SME sector, Kingsway Asset Finance aims to deliver tailored financial solutions that support business growth and sustainability.

Allica Bank

Debt Financing in 2022
Allica Bank offers commercial mortgages for limited companies.

Allica Bank

Series C in 2022
Allica Bank offers commercial mortgages for limited companies.

Folk2Folk

Debt Financing in 2021
Folk2Folk offers simple, straightforward, local lending and borrowing. They are not a Bank, Brokerage, seller of financial products, Deposit Taker, Fund Manager, or Adviser to any party. They don’t manage or arrange funds or offer banking or brokering services; neither do they sell or give advice on financial products. They organise the secured lending of money between local folk without the involvement of City institutions

Algbra

Seed Round in 2021
Algbra is a next-generation sustainable and value-focused fintech platform.

Liberis

Debt Financing in 2020
Liberis Limited is a financial services provider based in London, United Kingdom, specializing in cash advances and loans for small and medium enterprises. Founded in 2007, the company aims to enhance access to finance for small businesses by offering tailored financial solutions. Through its embedded finance platform, Liberis provides alternative financing options that support business growth and foster valuable relationships between partners and small business customers. Since its inception, Liberis has assisted over 10,000 small businesses globally, facilitating more than £300 million in funding and contributing to the support of approximately 82,000 jobs.

Nebeus

Convertible Note in 2020
Nebeus is a fintech platform founded in 2014 in England, focused on connecting cryptocurrency with traditional cash transactions. It provides secure and compliant financial services, including instant crypto-backed loans, allowing customers to leverage their digital assets without needing to liquidate them. Nebeus has facilitated over £30 million in transactions, primarily operating in the UK and Europe. The platform enables users to earn from their crypto investments, send cash to over 150 countries, and access funds through various payment channels, including VISA and Mastercard. Additionally, customers can transfer and deposit money at more than 230,000 retail locations and post offices. By offering these services, Nebeus aims to empower cryptocurrency holders to utilize their digital assets in everyday financial activities.

DMALINK

Seed Round in 2020
DMALINK is a bank-independent London based electronic execution venue for professional Foreign Exchange traders offering access to anonymous, proactively tailored and sustainable FX liquidity pools with particular focus on emerging markets. Counterparties transacting on DMALINK include Banks, Funds, Money Managers, HFT’s, CTA’s, and Proprietary Trading Firms from across the globe. An expansive understanding of the FX market and its dynamics provide distinct benefit to buy and sell side participants; directly influencing the quality of trade execution through consistent increase and consequent maintenance of optimal fill rates and price. The firm’s highly tailored offering combines innovative FX liquidity management expertise, deeply rooted industry knowledge, and a refreshingly creative boutique approach to sustainable Foreign Exchange trading services to benefit its global participants.

BrainWaveBank

Seed Round in 2020
BrainWaveBank Limited is a brain health research company focused on developing innovative solutions to track and improve cognitive health, particularly in the context of dementia. Founded in 2015 and based in Belfast, United Kingdom, the company has created a unique wearable electroencephalography (EEG) device that allows users to non-invasively measure their brain activity. This device works in conjunction with mobile games designed to challenge cognitive skills, enabling individuals to monitor their cognitive health daily from the comfort of their homes. By securely collecting and analyzing data from a large user base, BrainWaveBank aims to build comprehensive neurocognitive profiles that can advance the understanding of brain health and inform the development of future treatments for neurological disorders. The company's approach emphasizes scalability and accessibility, making it a valuable tool for both consumers and clinical professionals.

Secure Trust Bank

Venture Round in 2018
Secure Trust Bank PLC is a commercial bank based in Solihull, United Kingdom, and has been in operation since 1952. The bank offers a range of banking and financial products, focusing on three primary sectors: business finance, consumer finance, and mortgages. Its business finance segment includes asset finance, commercial finance, and real estate finance, providing loans for commercial assets, invoice financing, and funding for various real estate projects. The consumer finance division encompasses motor finance and retail finance, offering hire purchase agreements for vehicles and point-of-sale financing for retailers across multiple industries. Additionally, Secure Trust Bank provides residential mortgages through intermediaries, as well as a variety of deposit accounts. The bank emphasizes simplicity and transparency in its services and aims to build a strong presence in the UK banking sector.

Liberis

Debt Financing in 2018
Liberis Limited is a financial services provider based in London, United Kingdom, specializing in cash advances and loans for small and medium enterprises. Founded in 2007, the company aims to enhance access to finance for small businesses by offering tailored financial solutions. Through its embedded finance platform, Liberis provides alternative financing options that support business growth and foster valuable relationships between partners and small business customers. Since its inception, Liberis has assisted over 10,000 small businesses globally, facilitating more than £300 million in funding and contributing to the support of approximately 82,000 jobs.

Atom Bank

Debt Financing in 2017
Atom Bank plc provides banking services through smartphones, tablets, phablets, phones, and Internet in the United Kingdom. It also offers fixed deposits, accounts, mortgages, business loans, and secured loans. The company was formerly known as Crossco (1337) plc and changed its name to Atom Bank plc in August 2015. Atom Bank plc was incorporated in 2013 and is based in Durham, United Kingdom with an additional office in London, United Kingdom..

Kingsway Asset Finance

Debt Financing in 2016
Kingsway Asset Finance is an independent company that specializes in asset finance and equipment leasing, primarily serving the small and medium-sized enterprise (SME) market in the UK. The firm provides a range of financial products, including commercial loans, professional loans, hire purchases, leases, and recovery loan schemes, designed to meet the diverse needs of its clients. By focusing on the SME sector, Kingsway Asset Finance aims to deliver tailored financial solutions that support business growth and sustainability.