Avellinia Capital partners with BBB to fund UK fintech lenders

Private credit investment firm Avellinia Capital Partners has partnered with the British Business Bank to provide funding for UK fintech lenders and asset originators.

Through the partnership, hundreds of smaller UK businesses are expected to benefit from increased access to finance.

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Fintech lender Triver will be the first recipient of the dedicated funding.

“The British Business Bank has been supporting the fintech sector since 2013. Whilst the sector is one of the UK’s greatest strengths, there are limited institutional funders active in the early-stage fintech market,” said Adam Kelly, managing director and co-head of funds, British Business Bank.

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“By partnering with Avellinia Capital, British Business Bank will be able to support fast-growing fintech lenders servicing the UK smaller business market by co-investing alongside Avellinia Capital’s fund”.

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