# Edinburgh Alternative Finance: Information Technology & Services, Edinburgh, United Kingdom

> Edinburgh Alternative Finance: Edinburgh Alternative Finance launched in 2014 with a focus on developing innovative proprietary technology to power the next...

Source: https://millionrounds.com/startup/edinburgh-alternative-finance (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Information Technology & Services startup](https://millionrounds.com/companies)

# Edinburgh Alternative Finance

Edinburgh Alternative Finance launched in 2014 with a focus on developing innovative proprietary technology to power the next wave of innovation in financial technology (fintech) and business lending.

Funding reported Last round: Debt Financing

Information Technology & Services Edinburgh, United Kingdom

Company summary

- **Founded:** 2014 12 years old
- **Team:** - not reported
- **Funding reported:** 135.5M as listed, currency not stated
- **Last round:** Debt Financing date not reported

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Edinburgh Alternative Finance has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Edinburgh Alternative Finance

Edinburgh Alternative Finance launched in 2014 with a focus on developing innovative proprietary technology to power the next wave of innovation in financial technology (fintech) and business lending.

We are the parent company – and tech engine – behind LendingCrowd, the leading fintech SME lending platform headquartered in Scotland. Our aim is to harness the power of technology to improve access to funding for SMEs across Britain. Through LendingCrowd, we fund the ambitions of small business owners, helping them unlock their growth potential. We combine technology with robust credit processes, transparency and customer service to transform the business lending landscape. Edinburgh Alternative Finance was founded by CEO Stuart Lunn, who previously worked in investment banking as an equity analyst, covering the technology sector. This included analysing and advising a wide variety of technology-related companies and leading both primary and secondary fundraisings for small and mid-cap clients. He is also experienced in advising private companies as a founder shareholder and angel investor. Stuart leads a growing team with the best cross-industry talent available, spanning origination, credit underwriting, loan servicing, finance and technology.

## What company datasets say Edinburgh Alternative Finance raised

Funding, as reported

Reported in all **135.5M** in the source's currency

Last round **Debt Financing**

Investors listed **5**

## Funding filed with regulators

Edinburgh Alternative Finance filed 3 raises, $1.8M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Oct 2022 **$888K** UK share allotment
- Aug 2022 **$630K** UK share allotment
- Dec 2021 **$290K** UK share allotment

## On a portfolio page

Investors who name them

- [Chanrossa](https://millionrounds.com/fund/chanrossa)

Each firm lists Edinburgh Alternative Finance on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Information Technology & Services in United Kingdom

Startups like it

- [**Infobip** London · founded 2006](https://millionrounds.com/startup/infobip)
- [**EXUS** London · founded 1989](https://millionrounds.com/startup/exus)
- [**Highview Power** London · founded 2005](https://millionrounds.com/startup/highview-power)
- [**Pulsant** Maidenhead · founded 1995](https://millionrounds.com/startup/pulsant)
- [**Verne Global** London · founded 2007](https://millionrounds.com/startup/verne-global)
- [**Dext** London · founded 2010](https://millionrounds.com/startup/dext)
- [**BigChange** Leeds · founded 2013](https://millionrounds.com/startup/bigchange)
- [**EDM Group** London · founded 1974](https://millionrounds.com/startup/edm-group)

## Is this your company?

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