Funding Xchange to white-label lending tech under FXE Technologies brand

By Oliver Smith on Friday 9 July 2021

Alternative Lending

Helping incumbents and challenger backs to improve their lending.

Funding Xchange to white-label lending tech under FXE Technologies brand
Image source: Katrin Herrling (left)/Funding Xchange.

After selling its lending tech to banks and challengers on the side, Funding Xchange is formalising this arm of its business under the FXE Technology brand today.

The FXE Technology platform for lenders includes eligibility and affordability assessments, as well as portfolio monitoring once loans have been made.

CEO and co-founder Katrin Herrling told AltFi that this new division is also helping lenders to address credit model challenges in the wake of Covid-19 by “providing eligibility and affordability models that allow funders to use new, transactional data sources to make lending decisions or monitor in-life portfolios.”

The offering is divided into three products, EmbeddedLending which, as the name suggests, enables banks to effectively embed their lending products, SmartFinanceHub which provides an access point for commercial finance funders and brokers, and PortfolioMonitoring which offers the in-life monitoring tech.

Funding Xchange has operated its marketplace for SMEs looking for funding from alternative lenders since 2014, giving it a long track record of assessing applications.

White-labelling this technology is the obvious next step according to Herrling.

“It is clear that there are attractive lending opportunities in the market and unlocking these will require digital capabilities to be able to identify and deploy funding efficiently,” she said.

“The use of real-time data to understand how businesses are performing is becoming even more important in these times. This is where FXE Technologies comes in to deliver digital capabilities to the SME lending ecosystem.”

Sign up for our newsletters


Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.

AltFi's new weekly US newsletter breaking down the ins and outs of America's burgeoning fintech sector. Delivered Monday 9am EST/ 6am PST.

Companies in this Article:

Funding Xchange

More like this:

Exclusive: Tide scoops up Funding Options in its first acquisition

Editor's Pick

29 November 2022
Oliver Smith

The AltFi Awards 2022: Here are the winners!

Editor's Pick

2 December 2022
Oliver Smith

MarketFinance rebrands as Kriya

30 November 2022
Daniel Lanyon