FF News Logo
Tuesday, April 21, 2026
FinovateSpring | FFNews

Breaking News

Smartstream: The Evolutionary Leap from Process Automation to Full Autonomy How NOTO and Opus Advisory Group Are Unifying Fraud Prevention | NOTO, Opus Advisory Group | The Fintech Show #163 AQMetrics’ Strategy for Unifying Data, Scaling for AI, and Building Trust MPE 2026: G+D Netcetera on the Payment Security Stack Driving Higher Conversion and Lowering Fraud InsurTech NY: Camunda on Smarter Workflows Finastra: What Banks Must Do for 2026 InsurTech NY: Fair on Closing Coverage Gaps InsurTech NY: Teqfocus on Practical AI Moonfare Launches New AI-Focused Technology Strategy Innovating Finance Together Summit Highlights the Power of Collaboration in a Fast-Changing Financial Landscape Lydian Launches Co-Branded Visa Platinum Card, Turning Digital Assets Into Everyday Payments MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region The Family Office Launches Wealth Mermaid, a Pioneering AI Wealth Assistant PayDo Launches New Crypto-to-Fiat Payment Capabilities MoneyHash and Visa Expand Partnership with Multi-Year Partnership to Expand Cybersource Enablement Across Emerging Markets

June 14 2019

Fluidly wins £5M in RBS competition funding to unlock AI for SMEs

Share this post:

Share on LinkedIn Share on WhatsApp
London-based fintech startup Fluidly has been awarded £5M as part of the RBS Alternative Remedies Package. The grant is one of five from Pool D of the £425M Capability and Innovation Fund (CIF) that forms part of the £775M package, which is administered by Banking Competition Remedies Ltd (BCR).
Fluidly, which is already connected to thousands of businesses, will use the funding to accelerate the development of its AI-driven cashflow management software and give small businesses better access to emerging technology. CIF Pool D grant money aims to facilitate the commercialisation of financial technology relevant to SMEs.
Following on from its £5M Series A in November 2018 led by Nyca Partners, the £5M BCR grant will significantly boost Fluidly’s existing expansion plans, data science capabilities and product roadmap. Fluidly aims to unlock financial data for SMEs and transform how businesses manage their finances, while also bringing together the wider banking and fintech ecosystems.
As part of the various public commitments the company laid out in its BCR bid, Fluidly aims to connect 400,000 SMEs to its platform by September 2022. In particular, Fluidly will work with accountants to offer improved financial support, to help the two thirds of small business owners losing sleep over cashflow concerns. The company has committed to delivering over 20,000 hours of cashflow advisory training by September 2022.
BCR made five awards available to CIF Pool D applicants, who were also awarded £5M. The winners of other pools announced so far include Starling Bank, Metro Bank, ClearBank in partnership with Tide, Nationwide, Investec and Co-op Bank. CIF Pool C winners will be announced in August.
Caroline Plumb, CEO and Founder, Fluidly, said: “Fluidly works to help SMEs sleep better at night, by providing control, certainty and confidence around cashflow. We’re thrilled to have been awarded this £5M grant by BCR to scale our impact and support for businesses. We’re intent on building a product that helps  businesses with their most pressing challenge and allow them to benefit from the transformational potential of AI.”
  1. Smartstream: The Evolutionary Leap from Process Automation to Full Autonomy

    Fintech TV

     Read more
  2. How NOTO and Opus Advisory Group Are Unifying Fraud Prevention | NOTO, Opus Advisory Group | The Fintech Show #163

    Episodes

     Read more
  3. AQMetrics’ Strategy for Unifying Data, Scaling for AI, and Building Trust

    Enterprise Ireland

     Read more
  4. MPE 2026: G+D Netcetera on the Payment Security Stack Driving Higher Conversion and Lowering Fraud

    Event Videos 2026

     Read more
  5. InsurTech NY: Camunda on Smarter Workflows

    Insurtech

     Read more
FinovateSpring | FFNews