FF News Logo
Saturday, September 06, 2025

Breaking News

Gemini Launches Staking and Derivatives for EU Customers Pave Finance, an AI-Powered, Institutional-Grade, Personalized Wealth Management Software Company Raises $14m in an Oversubscribed Seed Financing ebankIT to Unveil Industry’s Leading AI Transactional Banking Assistant Using Agentic AI at FinovateFall 2025 Varo Bank to Accelerate Responsible and Customer-Focused AI Efforts with New Chief Artificial Intelligence Officer Asmau Ahmed Tangram Taps INSTANDA to Accelerate Launch of Fully Customizable E&S Insurance Product for Security Guard Industry Q2’s AI-Driven Enhanced Payee Match Detects 3x More Suspected Fraud For Customers In Its First Year Lead Bank Closes Series B Fundraising Round equipifi® Joins the Jack Henry™ Fintech Integration Network and Expands Access to Bank BNPL Elliptic Powers Risk Intelligence for BVNK’s Layer1 – Enabling Stablecoin Payments, Trading and Settlement at Scale Elysian Raises $6M Seed Round to Redefine Insurance Claims Services with AI-Native Platform PayPal Selects Nova Credit to Power U.S. Cash Flow Underwriting Weyay Bank Empowers Customers With Hide Your Money From Yourself Campaign 1Money Secures 34 U.S. Money Transmitter Licenses and Bermuda BMA Class F License to Support Stablecoin Payments Worldwide Spinwheel Secures Strategic Investment from Citi Ventures to Accelerate the Future of the Consumer Credit Ecosystem Pointsville Secures Series A Funding Led by Valor Capital Group with Global Strategic Partners to Accelerate Asset Digitization & RWA Growth

UK’s first business finance comparison site to revolutionise small business funding

FundOnion has today officially launched its AI-backed business finance comparison site for small business loans.

The FundOnion comparison site allows businesses to quickly compare the cost of business loans from over 20 providers and secure funding in a faster and more transparent way.

A recent report by the Bank of England has estimated that one in four small businesses that apply to banks for loans are rejected, leading to an estimated £22 billion funding gap in the UK. Combined with an application process that is time consuming and opaque, alongside a return to higher interest rates, there is a clear need for businesses to have clarity of the funding options available to them.

Founded in 2020, FundOnion is tackling both challenges in finding funding and securing fair rates for business loans. The comparison site uses AI to estimate a firm’s borrowing capabilities and the best rates, before being referred to an SME finance expert within the team to finalise details for the funding. This world first approach to business finance has led to an unheard-of pace of delivery, with FundOnion’s fastest loan being provided in just 19 minutes.

By working with a range of lenders and facilitating large numbers of loans, FundOnion is able to offer interest rates and loan terms unavailable elsewhere in the market. This has already proved popular, with over 6,000 small firms searching for half a billion pounds of finance on the platform to date.

The business was founded by a team with significant experience in providing funding for small businesses, who had each seen the gap that existed for SMEs searching for growth and consolidating finance. James Robson, the CEO and Neil Cassule, the CCO, were both finance brokers at the coal face of SME loans, while CTO Tim Plummer has previously worked at big names such as Funding Circle to tackle the SME funding gap.

FundOnion CEO and Co-Founder James Robson commented: “Small business finance has been ripe for change for decades and having worked with SMEs broking deals for years previously, we know the issues that hold the industry back. Blending technology with real expertise and access to top tier lenders means that we can offer a service that is completely unique. I am proud to say that we genuinely offer the best place for businesses to compare, research, and apply for loans online.

“Crucially, our product allows business owners to scan the market and to have a fully digital experience when securing finance. This helps us achieve our goal of making the process as transparent as possible, taking away stress, and providing opportunities for business founders.”

People In This Post

Companies In This Post

  1. Gemini Launches Staking and Derivatives for EU Customers Read more
  2. Pave Finance, an AI-Powered, Institutional-Grade, Personalized Wealth Management Software Company Raises $14m in an Oversubscribed Seed Financing Read more
  3. ebankIT to Unveil Industry’s Leading AI Transactional Banking Assistant Using Agentic AI at FinovateFall 2025 Read more
  4. Varo Bank to Accelerate Responsible and Customer-Focused AI Efforts with New Chief Artificial Intelligence Officer Asmau Ahmed Read more
  5. Tangram Taps INSTANDA to Accelerate Launch of Fully Customizable E&S Insurance Product for Security Guard Industry Read more
Sibos | FFNews