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28 July 2026

We’ve teamed up with Triple Point to bring more affordable loans to people who are turned away by traditional lenders.

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Good news — we’ve agreed a new funding deal with Triple Point that gives us up to £50 million to lend to more people. This means we can help even more customers who’ve been let down by traditional banks and lenders.

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What’s happening

Triple Point, an investment firm, is providing Plend with £20 million to lend out, with the option to grow that to £50 million over time. We’ll use this money to keep lending responsibly and to reach more people who need it.

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Why this matters to you

We started Plend because we believe a credit score doesn’t tell the whole story about a person. Traditional lenders often say no based on a number, even when someone can genuinely afford to repay a loan.

Instead, we look at your real financial situation using Open Banking — safely and securely linking to your bank data with your permission — so we can see the full picture. That means we can say yes to people that other lenders overlook, and help them bring together multiple debts into one simple, affordable monthly payment.

This new funding doesn’t change how we lend or what it costs you. It simply means we have more money available to lend responsibly, to more people, for longer.

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A partner who gets it

Triple Point is also a certified B Corporation, like Plend, which means they’re held to the same high standards of social and environmental responsibility. This is their first time backing a consumer lender, and they chose us because they believe in fair, honest lending as much as we do.

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In their own words

“Our mission has always been to prove that a person is more than their credit score. This partnership will give thousands more people access to credit that traditional lenders overlook, while continuing to build the kind of fair, transparent lending that’s long overdue in this market.”

James Pursaill, CEO and Founder, Plend

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“Plend has built a lending platform that combines smart technology with a real commitment to fairness and financial inclusion. We’re delighted to be partnering with them and supporting their growth.”

Ellis Diamanti, Head of Specialty Finance, Private Credit, Triple Point

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What this means for you

• More people can get a fair chance — we can lend to more customers that other lenders turn away.
• Nothing changes for existing customers — your loan, rate and repayments stay exactly the same.
• We’re here for the long run — this funding supports our plans to keep growing over the next few years.

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Looking ahead

Millions of people across the UK still can’t get the credit they need — not because they’re bad with money, but because the system wasn’t built to see the whole picture. That’s what we’re here to change, and this partnership brings us one step closer.

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