Recognise Bank wins Best Digital SME Lending Bank UK 2023 by CFI.co
Recognise Bank challenges the status quo with a tech-enabled offering of flexible financing and competitive savings solutions. The bank’s entrepreneurial founders understand the needs of modern SMEs — needs that are often left wanting by the outdated tech infrastructure of traditional business banking. Recognise Bank markets itself as an agile and responsive alternative to big-bank […]
Recognise Bank turns around £5.2m bridge loan in just 11 days on a retail shopping centre
SME specialist Recognise Bank has provided a quick £5.2m bridging loan facility to refinance a shopping centre in Worthing, West Sussex, and assist the purchase of two further shopping centres. The nine-month 68% LTV loan to property developer Cayuga Developments Ltd was turned around in only eleven days in order to avoid losing the opportunity. […]
Recognise Bank Launches two new fixed term savings accounts and increases rate on three years fixed to 5.85% AER
Innovative digital bank, Recognise, continues to support its personal savings customers by launching two new fixed term savings accounts, as well as increasing rates on its newly launched three-year fixed term account to 5.85% AER, making it one of the best on the market. The two new fixed term accounts for 18 or 24 months […]
Recognise Bank continues to support SMEs with launch of new fixed term savings account for businesses
Innovative digital SME bank, Recognise, announces the launch of a new fixed term savings accounts for businesses with a fixed rate of 4.50% AER. The 12-month fixed term business savings account launched today has an interest rate of 4.50% AER, which is comparable with rates given to personal savers. Recognise offers a range of savings […]
Recognise Bank launches market-leading 5.85%* Personal Savings Account
*As of June 23, 2023, the interest rate on the Personal 3 Year Fixed Account was increased from 5.40% AER to 5.85% AER. One of the UK’s most innovative business banks, Recognise Bank, has cemented its presence in the personal savings market by launching a new account with one of the best interest rates available […]
Recognise Bank and BizAcuity join forces to provide innovative SME banking solutions
Recognise Bank has announced a new partnership with leading international data solutions specialist BizAcuity, in a unison which aims to deliver a more personalised banking experience for customers. A global name in the Data Analytics and Business Intelligence industry, BizAcuity welcomes Recognise as their first banking sector partner. The exclusive collaboration has given Recognise Bank […]
Top marks for Recognise Bank from strategic lending partners
Recognise Bank has received outstanding reviews from strategic lending partners, Reflex Property Finance and Blue Shield Capital, after completing over £25 million worth of complex deals with the two bridging loan companies. The bank excelled in all areas according to recent satisfaction surveys, which covered the entire deal journey from response to loan enquiry, credit […]
Recognise Bank announces competitive increased interest rate for business savers
Recognise Bank, the fully licenced SME lender and savings provider, announced today that it will be increasing the interest rate on its Business Easy Access Account effective immediately. The new interest rate, which has increased from 2.25% to 2.65% AER, will apply to all SMEs who have an Easy Access Savings Account with Recognise, a […]
Bryce Glover, Co-Founder steps down from Recognise Bank Board
Bryce Glover, Deputy Chief Executive and one of the co-founders of Recognise Bank has taken the decision to step down from the Recognise Board with effect from the end of April 2023. Bryce has been with the new SME Bank since 2018 and has played a leading role in securing the full banking licence in […]
Recognise Bank Appoints VAS Panel to speed up SME lending applications
Digital SME lender and savings provider, Recognise Bank has appointed VAS Panel in a move which is designed to significantly speed up valuation turnaround times and give more confidence to broker partners placing business with the Bank. Vas Panel’s appointment to provide valuation management services on all of Recognise’s property lending, including bridging loans, commercial […]
