Funding Circle Launches Mobile App for FlexiPay and Card Customers
Key Takeaways
- •Funding Circle has introduced a mobile app that centralizes management of its FlexiPay and Card products for small business customers.
- •FlexiPay users can draw down funds, pay business bills, settle HMRC payments, and store supplier details to streamline recurring payments through the app.
- •Cashback card customers gain real-time visibility to track cashback earnings, monitor upcoming Direct Debits, and manage company cards directly from their mobile devices.
- •The application is optimized to use minimal mobile data and automatically saves payment progress to support multitasking.
- •The launch positions Funding Circle among a growing field of digital-first providers targeting UK SMEs, a segment traditionally underserved by high-street banks.
Funding Circle, the UK's leading SME finance platform, has launched a new mobile application designed to give small businesses a centralised platform for managing their FlexiPay and Card products from anywhere.
The app enables FlexiPay customers to draw down funds, pay business bills, or settle up with HMRC instantly while on the move. By securely storing supplier details in one place, it streamlines recurring supplier payments and eliminates the need to re-enter account information for invoices. SMEs also gain the flexibility to spread payments over time to support their cash flow.
Cashback card customers gain real-time visibility and streamlined card management through the app, including the ability to track cashback, monitor upcoming Direct Debits, and control company cards directly from their mobile device.
The application is designed to use minimal mobile data and loads account information instantly. To support seamless multitasking, FlexiPay customers' payment progress is saved automatically, allowing users to resume where they left off.
The launch places Funding Circle alongside a growing field of digital-first providers competing to serve UK small businesses, a segment that has historically been underserved by high-street banks. Lenders and embedded finance platforms have been racing to offer mobile-native tools as SME owners increasingly run core finance tasks from phones rather than desktops.
Tim Trailor, Managing Director, Cards at Funding Circle, said: "Small businesses are constantly on the move and to support their busy working days, we are excited to bring this new app to SMEs, making it easier for them to manage their finances, on the go, quickly and easily with everything they need in one place. This launch sets a strong foundation for our mobile experience, and we look forward to rolling out future developments."
Funding Circle said it continues to strengthen its support for UK SMEs by leveraging its proprietary capabilities in credit and product innovation to scale its product offering. The company described the mobile app expansion as part of its broader effort to deliver a superior customer experience and become the trusted financial partner for small businesses, ensuring that business owners have access to the right financial products at the right time.
