14JUL

Lendable's $670m tops a £1.7bn UK week

1 min read

08:43UTC

Lendable, the London consumer-credit fintech, raised a reported $670m for global expansion, one of two UK rounds anchoring a €1.7bn British week, per a single Tech.eu recap.

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Key takeaway

Lendable's reported $670m helped the UK take over 60% of Europe's venture funding for the week.

Lendable, the London consumer-credit fintech, raised $670m during the week of 6 to 13 July for global expansion, one of the two largest UK rounds of the week alongside Helsing, according to a Tech.eu weekly recap ¹.

The figure comes from a single aggregator that did not name a lead investor or split debt from equity, so treat the round as reported rather than confirmed. Lendable offers personal loans and credit-building products; a raise this size, if it holds, signals continued strength in UK fintech scale-ups.

The week's wider data sharpens the point. The UK took €1.7bn of a €2.8bn European venture total across more than 70 deals, over 60% of the continent's weekly capital and triple Germany's €511.9m ². A round this large landing outside AI is its own signal in a market where AI has absorbed a record share of equity value .

Deep Analysis

In plain English

Lendable is a London company that lends money directly to consumers, offering personal loans and tools to help people build their credit history, competing with high-street banks. It reportedly raised $670m during the week of 6 to 13 July to fund global expansion, according to Tech.eu, a European tech-news outlet that publishes a weekly funding recap. Because only one source reported the deal and no lead investor was named, the figure should be treated as reported rather than fully confirmed. If accurate, it is one of the largest single fintech raises in the UK this year.

Deep Analysis

Root Causes

Lendable's raise lands in a UK fintech-funding environment the Bank's own tracker showed shrinking 4% overall in 2025, even as AI-adjacent and large-ticket deals concentrate an outsized share of capital; a $670m single-company raise fits that concentration pattern rather than reversing it.

What could happen next?

Risk
A single-source, no-lead-investor report carries a higher chance of being revised or corrected than a company-confirmed announcement.

Sources:Tech.eu

Mentions:Germany →London →Helsing →

First Reported In

Update #11 · Britain funds and defunds its own science

Tech.eu· 14 Jul 2026

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Different Perspectives

Fubon Financial

Fubon Financial joined Humanoid's Series A on 21 July as a minority financial investor alongside Schaeffler and Bosch, who also hold the customer and manufacturer roles. A pure-play investor from Taipei is pricing a London robot maker on terms two German industrial groups effectively set.

NATO Innovation Fund

The Fund joined Greenjets' £30m Series A on 21 July alongside NSSIF, betting on ducted electric propulsion's civil market to fund a technology with an obvious defence application. It is backing a company that took twenty-one years to reach this stage, on the expectation that certification-cycle timelines reward patient capital over a quick return.

Prime Movers Lab

Prime Movers Lab led Humanoid's Series A on 21 July as the round's only pure financial investor, sharing the cap table with two co-investors who are also the anchor customer and the factory. That leaves the fund's usual arm's-length pricing role diluted by partners with a direct commercial stake in the valuation holding up.

Bosch and Schaeffler

Schaeffler signed what Humanoid calls the industry's largest publicly announced commercial agreement, while Bosch took equity and became contract manufacturer, filling capacity a shrinking combustion supply chain freed. Neither company has disclosed a unit count or an invoice, so their public commitment stops well short of Forbes' 100,000-unit projection.

UK founders raising seed through Series A

A London robotics founder raised $152m this week against a signed industrial customer and a reserved factory, while a Cornwall founder more typically draws a £25,000 loan from a regional fund manager. Both call it British venture funding, but one route runs through Bosch's production line and the other through diligence built for businesses too small for any VC's attention.

EQT

EQT was reported on 3 July to be in advanced talks for a further CuspAI stake on behalf of the EU's Scaleup Europe Fund, but does not appear on the round CuspAI closed. Whether Europe's own sovereign vehicle secured a position, was outbid, or withdrew is unresolved.