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In light of recent developments at Silicon Valley Bank and SVB UK, Innovate Finance has compiled a list of FinTechs that can support impacted businesses during this time. 
 
This list isn't exhaustive, and will be updated as more information becomes available. Please do <a href="mailto:connect@innovatefinance.com">contact us</a> if you would like to add your firm to this resource list.
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<a href="http://clear.bank"><img class=" wp-image-382082 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2019/11/clearbank-logo-black-300x47.png" alt="" width="243" height="38" /></a>
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<a href="https://clear.bank/">ClearBank</a> - help with fast account opening, payments and clearing for the regulated sector
<a href="https://www.qokoon.ai/"><img class=" wp-image-383541 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2023/03/innovate-finance-sponsor-logo-400x400-55-300x300.jpeg" alt="" width="193" height="193" /></a>
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<a href="https://www.qokoon.ai/">Qokoon</a> are offering their AI financial analysis and reporting software for free to those companies needing to obtain urgent funds and explain their financials (past and future) to banks or investors
Qokoon have automated financial analysis and reporting, which means the preparation, analysis and sharing of financials is done instantly. This can help speed up the process of obtaining funds for those SMEs in need.
Qokooon integrates instantly with accounting softwares QuickBooks and Xero.
<a href="https://www.iwoca.co.uk/"><img class=" wp-image-376119 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2017/06/iwocalogo400px-01-1.svg" alt="" width="195" height="195" /></a>
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<a href="https://www.iwoca.co.uk/">iwoca</a> - Flexible business loans.
<a href="https://monzo.com/"><img class="wp-image-370485 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2021/04/monzo-400-300x300.jpg" alt="" width="195" height="195" /></a>
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<a href="https://monzo.com/">Monzo </a> - Business bank accounts
<a href="https://www.revolut.com/"><img class=" wp-image-383542 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2023/03/revolut-logo-300x200.png" alt="" width="242" height="161" /></a>
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<a href="https://www.revolut.com/">Revolut</a>- support on business accounts
<a href="https://www.tide.co/"><img class="size-full wp-image-378704 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2021/12/tide-platform-e1669806436820.png" alt="" width="278" height="104" /></a>
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<a href="https://www.tide.co/">Tide</a> - support with fast-track corporate / business accounts.
<a href="https://nucleusfinancial.com/"><img class=" wp-image-370410 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2021/04/nucleus-commercial-finance-400-300x300.jpg" alt="" width="203" height="203" /></a>
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<a href="https://nucleusfinancial.com/">Nucelus</a> - can provide quick funding for businesses with our RBL product
<a href="https://fondy.io/gb/"><img class="wp-image-380963 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2019/04/fondy-logo_-300x300.png" alt="" width="207" height="207" /></a>
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<a href="https://fondy.io/gb/">Fondy</a> - can support with fast onboarding and corporate accounts. 
<a href="https://www.greengage.co/"><img class=" wp-image-370184 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2021/04/dag-global-400-300x300.jpg" alt="" width="215" height="215" /></a>
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<a href="https://www.greengage.co/">Greengage</a> - can support with fast track account opening for businesses (focus on digital asset companies and structures) that might struggle to open accounts promptly with e.g. high street or challenger banks.
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<img class=" wp-image-380318 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2022/03/airwallex_logo_-_black-300x41.png" alt="" width="227" height="31" />
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<a href="https://www.airwallex.com/uk">Airwallex</a> - is a global payments and financial platform for modern businesses.
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<img class="wp-image-383544 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2018/03/innovate-finance-sponsor-logo-400x400-80-300x300.jpeg" alt="" width="221" height="221" />
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<a href="https://www.allica.bank/">Allica Bank</a> is able to offer fast-track corporate account opening.
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<img class="wp-image-384353 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2023/03/freemarket-logo-rgb4x.jpg" alt="" width="355" height="126" />
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<a href="https://www.wearefreemarket.com/">Freemarket</a> – international payments and FX
Our core role and focus for our business clients is to manage the end-to-end correspondent banking process on their behalf; ensuring they can more efficiently move funds internationally and access an entire correspondent banking network via a single API integration and cloud based platform.
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<a href="https://wise.com/"><img class=" wp-image-369590 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2021/03/wise-300x300.png" alt="" width="224" height="224" /></a>
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<a href="https://wise.com/">Wise</a> have just published this blog on how to onboard with Wise with high amounts of volume (<a href="https://wise.com/gb/blog/transfer-large-amounts-wise-business?&amp;utm_medium=organic_social&amp;utm_source=LinkedIn&amp;utm_campaign=wise-biz-blog-reactive&amp;utm_content=45008_business-high-deposit" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://wise.com/gb/blog/transfer-large-amounts-wise-business?%26utm_medium%3Dorganic_social%26utm_source%3DLinkedIn%26utm_campaign%3Dwise-biz-blog-reactive%26utm_content%3D45008_business-high-deposit&amp;source=gmail&amp;ust=1678792549906000&amp;usg=AOvVaw0VFKIo38Xs6cG_wtzLeWF_">here</a>), and a separate blog on how we protect customer deposits and our lack of material exposure to SVB given recent events (<a href="https://wise.com/us/blog/how-we-work-to-keep-your-money-safe-update-given-events-with-svb" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://wise.com/us/blog/how-we-work-to-keep-your-money-safe-update-given-events-with-svb&amp;source=gmail&amp;ust=1678792549906000&amp;usg=AOvVaw2nm-MqPoX7xtMMr-SGXCxA">here</a>).
<a href="https://www.interpolitanmoney.com/"><img class="size-medium wp-image-383563 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2023/03/interpolitan-logo_pms-10355-01-300x99.webp" alt="" width="300" height="99" /></a>
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<a href="https://www.interpolitanmoney.com/">Interpolitan Money</a> will fast-track SVB clients within 48hrs to open accounts instead of the usual in 7-10 days lead time. They specialise in complex structures, local and non-residences.
<a href="https://www.bondcb.com/"><img class=" wp-image-383564 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2023/03/screenshot-2023-03-14-at-11.41.11-300x108.png" alt="" width="236" height="85" /></a>
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<a href="https://www.bondcb.com/">Bond</a> have built a digital alternative to the bank-only overnight deposit facility at the BoE for everyone to access, their overnight deposit facility provides diversification and on-demand liquidity. The underlying is gov guaranteed paper (level 1 HQLA) managed by BlackRock (0% risk weightings/ no bank risk).
<a href="https://www.openpayd.com/uk"><img class=" wp-image-379910 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2022/03/openpayd-logo-2021_master-300x71.jpg" alt="" width="245" height="58" /></a>
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<a href="https://www.openpayd.com/uk">OpenPayd</a> have offered to support businesses impacted with Corporate / Business Accounts and Payments and will look to prioritise onboarding for all businesses impacted.
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<a href="https://www.insigniscash.com/"><img class=" wp-image-383565 alignleft" src="https://www.innovatefinance.com/wp-content/uploads/2023/03/insignis-cash-solutions-300x123.png" alt="" width="190" height="78" /></a>
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<a href="https://www.insigniscash.com/">Insignis</a> have offered to support UK businesses looking to open new bank accounts to support their business, as well as those looking to now prioritise diversifying their funds across banks to ensure they are better protected.
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