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Home»Technology»Firenze Bags £6 Million Seed Funding from AlbionVC, Outward VC, and Form Ventures – UK Tech Update by Deal Lite
Technology

Firenze Bags £6 Million Seed Funding from AlbionVC, Outward VC, and Form Ventures – UK Tech Update by Deal Lite

April 21, 20263 Mins Read
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Firenze Raises £6 Million to Enhance Global Wealth Management Credit Solutions

London, April 21, 2026 – Firenze, a fintech company specializing in Lombard lending, has successfully secured £6 million in an oversubscribed funding round. This round was led by AlbionVC, with support from existing investors including Outward VC and Form Ventures.

Just 12 months after raising £2.5 million during its Seed round, Firenze’s rapid growth is evident in the increasing adoption of its technology within the wealth management sector. The company aims to make lending against investments more accessible, becoming the go-to solution for many wealth managers and investment platforms.

Firenze’s innovative platform allows wealth managers to provide cost-effective lending options without the need for clients to liquidate their investments. Borrowers can access funds quickly, often within 24 hours.

Over the past year, Firenze has successfully integrated Lombard lending into the services of independent financial advisors (IFAs) and wealth management firms across the UK. The firm now collaborates with organizations managing nearly £200 billion in assets, including well-known names like Brooks Macdonald and Canaccord Wealth.

The demand for flexible liquidity is rising, with drawn credit facilities tripling in the first quarter alone. Lombard lending serves various client needs, from offering alternatives to traditional loans to helping families support children’s education or home purchases.

With current global market conditions being unpredictable, borrowers are increasingly using these lending options for tax planning and wealth transfer strategies, allowing them to access funds without disrupting well-planned investment portfolios.

While private banks have historically provided Lombard lending, Firenze’s advanced technology is garnering attention from these institutions. By leveraging Firenze’s solutions, banks can enhance their lending offerings and manage risks more effectively.

The new funding will support Firenze’s ambitious plans to expand its product range and enhance its platform for banks. The company also aims to double its team size to accommodate the growing number of requests from wealth managers.

David Newman, CEO of Firenze, expressed excitement about the funding, saying, “The demand for our services has exceeded expectations, and we are eager to accelerate our plans. Partnering with AlbionVC felt like the right choice, as they share our vision and enthusiasm.”

Jay Wilson, Partner at AlbionVC, highlighted the importance of Firenze’s work in expanding access to lending, stating, “Firenze is changing the landscape of lending, making it accessible to a broader audience.”

Andi Kazeroonian from Outward VC added, “Firenze is proving that it can reshape how the wealth management industry views liquidity. We are proud to support the company as it grows.”

About Firenze
Founded in Manchester in 2024 by David Newman, Firenze is driven by a mission to broaden access to financial services. The team, largely based in London, includes experienced professionals in the wealth and lending markets. The company believes in the importance of equitable access to credit to help mitigate wealth inequality and aims to make Lombard lending available to more clients.

Overall, Firenze is set to enhance its role in the financial sector, making significant strides in democratizing access to valuable credit solutions.

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