The capital raised is being deployed to further develop innovative voice biometrics to securely unlocking mobile apps – as secure as your fingerprint .
We have a long established track record of helping companies struggling with cash issues. Evidence over the past few months tells us that we should expect to see many more companies in this situation
The company, an existing client, approached us to assist with a new challenge and we are pleased to report that we found a solution to stabilise their cash position and give them cash freedom to invest in stock and Christmas trade.
We are always pleased to work with existing clients as they progress on their journey and in this case, we are delighted that one of our investors, together with a private lender, has backed the business with a further £2.5 million of funding.