Commenting on joining the Innovate Finance community, Mike Randall CEO of Simply said: “We are really pleased to become a member of Innovate Finance. The community that they have created range from seed stage start-ups to global financial institutions, with one goal to bring together and connect forward thinking market participants to ensure the UK is leading the global fintech community.

“At a time when small and medium sized businesses need more support than ever, it is our strong belief that lenders need to re-think their offering. Simply set out to break down barriers to allow entrepreneurs access the capital they need. A simplified and digitally enabled relationship with customers is the way forward. We call it technology with a handshake. To be part of the community that delivers the ideas and component parts that make this possible will help us reach further.”