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Funding Circle’s Cashback and FlexiPay cards launched on Apple Pay for convenient, seamless and secure business spending
Globenewswire· 2026-01-22 09:48
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 by not sharing card numbers with merchants [2] Group 2: Company Strategy - Alexander Allen, Managing Director and Chief Customer Officer at Funding Circle, emphasized the company's commitment to making financial management easier for small businesses through seamless and secure transactions [3] - The introduction of Apple Pay is part of Funding Circle's multi-product expansion strategy, which aims to strengthen support for small businesses by allowing them to borrow, pay later, and manage spending effectively [3] Group 3: Company Background - Funding Circle has extended over £17 billion in credit to more than 125,000 UK businesses since its inception in 2010, contributing to economic growth and community support [4] - The company combines AI-powered credit models with a human touch to provide a seamless borrowing and spending experience for SMEs, while also offering institutional investors access to an attractive asset class [5]