FundingKnight granted full FCA Authorisation

Sancus’ sister company, FundingKnight, the specialist marketplace lender has been granted full FCA authorisation having operated under interim permission since 2014.

FundingKnight is part of GLI Finance, the AIM listed alternative finance specialist which holds investments in funding platforms over three continents.

Andrew Whelan, CEO of GLI Finance has announced the intention to move FundingKnight into the Sancus BMS Group, expanding the Group’s alternative finance offering into the UK asset based lending market.