Blog - Fuse

From Fuse 3 to Fuse Capital, Ifti's 2020 Recap - Fuse

Written by Ifti Akbar | Dec 18, 2020 11:16:00 AM

Whilst the team continues to knuckle down as they have done all year (thank you), I wanted to share a few thoughts on our eighth year in business.

It is no secret that finance has been one of the concerning topics in everyone’s mind. The global pandemic is and continues to be a challenge for many.

 

We’ve watched Governments across the globe scramble to provide support packages for the economy and to save jobs. For most, this year has been about survival, not growth. BUT, for the disruptive and the ambitious, growth has remained the dream, and this has escalated education around alternative finance.

 

This year Fuse Capital has connected funds from the US, Asia, UK, and EU with businesses in over 16 countries. We have worked with more unicorns than ever! Our lending team has successfully secured £125 million in debt financing for our clients.

 

Alongside our core markets, we have grown into new sectors such as MicroMobility and Agritech. Within these, we are thrilled to have created some truly unique routes to finance which didn’t exist at the beginning of the year.

 

Our relationships with our funds have become stronger than ever and each month we have onboarded more new lenders than at any time in our history.

 

The team has grown and we have more exciting hires planned for early 2021! As you may already know, we are great advocates of the Apprenticeship scheme and will continue to nurture youth and diversity in our business.

 

You may also have noticed that we have rebranded. We are now, Fuse Capital, a name we hope represents what we do with more clarity.

 

We are ever so grateful to work in such an inspiring and innovative industry and look forward to 2021 with anticipation.

Finally, and I know my business partner Russell, will agree; I am proud of the team for going above and beyond this year.

 

Thank you once again to all our clients, lenders, staff, and supporters, I hope you have a fantastic Christmas and New Year!

Best wishes,

Ifti