Funding Circle's Cashback and FlexiPay cards launched on Apple Pay for convenient, seamless and secure business spending

Core Insights - Funding Circle, the UK's leading SME finance platform, has launched Apple Pay for its Cashback business credit card and FlexiPay customers, enhancing flexibility, security, and convenience for small businesses [1][3]. Group 1: Product Features - Apple Pay enables customers to make payments directly from their devices, providing superior flexibility and security for transactions [2]. - The platform incorporates advanced security features such as biometric authentication, instant freezing capabilities, and enhanced privacy, ensuring that card numbers are not shared with merchants [2]. Group 2: Company Strategy - Alexander Allen, Managing Director and Chief Customer Officer at Funding Circle, emphasized the company's commitment to providing tools that simplify financial management for small businesses, highlighting the efficiency of seamless and secure transactions [3]. - Funding Circle's expansion of its product offerings, including the recent launch of Company cards, aims to give SMEs greater control over their daily spending [3]. Group 3: Company Background - Since its inception in 2010, Funding Circle has extended over £17 billion in credit to more than 125,000 UK businesses, contributing to economic growth and community support [4]. - The company combines AI-powered credit models with a human touch to create a seamless borrowing and spending experience for SMEs, while also providing institutional investors access to an attractive asset class [5].