About Forward Advances
Forward Advances is a Financial Services company based in London (United Kingdom) founded in 2020. Revenue-based financing is provided through an online lending platform. Forward Advances has raised $3.06 million across 1 funding round. The company has 1 employees. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is FORWARD PARTNERS VENTURE ADVANCE LTD. Its competitors include Uncapped, Moonshot Capital and Beyond Equity; 1 of its 3 listed competitors has raised funding.
Company details
Online lending platform for revenue-based financing. It provides loans for marketing inventory. Businesses can link revenue marketing accounts for accessing monthly revenue in advance. Loan application approval is based on sales data and monthly revenues of the businesses. Repayment is done by taking a percentage of future sales until the capital is returned. It offers financing solutions to e-commerce, marketplaces, and B2C SaaS-based companies.
- Headquarters London, United Kingdom
- Employees 1
- SectorsFinancial Services
- Email••••••••
- Website forwardadvances.com
- Legal Name Forward Partners Venture Advance Ltd
- Date of Incorporation 13 Jan, 2020
- Jurisdiction LONDON, ENGLAND
- Annual Revenue$32.51 K (USD)as on Dec 31, 2020
- Net Profit-$365.05 K (USD)as on Dec 31, 2020
- Total Equity Funding$3.06M (USD)
in 1 rounds
- Latest Funding Round$3.06M (USD), Series A
Mar 2021
- Employee Count1
Funding Insights of Forward Advances
Forward Advances has successfully raised a total of $3.06M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.06 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.06M
- Total Rounds 1
- Last Round Series A — $3.06M
- First Round $3.06M
(Mar 2021)
All 1 funding rounds of Forward Advances with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $3.06M | Series A | – | – | – |
Timeline of Forward Advances
2 dated milestones of Forward Advances across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Forward Advances is founded.
- Funding First funding round of $3.1M.
Competitors of Forward Advances
Forward Advances has 3 listed competitors in our database, 1 of them funded. They include Uncapped, Moonshot Capital and Beyond Equity.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| weareuncapped.com | 2019 | London, United Kingdom | $118.92M | Online platform for revenue-based financing | ||
| goformoonshot.com | 2017 | London, United Kingdom | Offers revenue-based financing solutions to support business growth and operations. | |||
| beyondequity.co | 2022 | London, United Kingdom | Operates as a private debt fund focused on investments across multiple sectors. |
Detailed competitors of Forward Advances
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
2 companies that operate in the same segment as Forward Advances (Alternative Lending) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Forward Advances
Complete news archive for Forward Advances
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Forward Advances
Forward Advances was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Forward Advances is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Forward Advances is a funded company, having raised a total of $3.06M across 1 funding round to date. The company's 1st funding round was a Series A of $3.06M, raised on Mar 2021.
Forward Advances has 1 employees.
Annual revenue of Forward Advances is $32.51K as on Dec 31, 2020.
Online lending platform for revenue-based financing. It provides loans for marketing inventory. Businesses can link revenue marketing accounts for accessing monthly revenue in advance. Loan application approval is based on sales data and monthly revenues of the businesses. Repayment is done by taking a percentage of future sales until the capital is returned. It offers financing solutions to e-commerce, marketplaces, and B2C SaaS-based companies.
Forward Advances's top competitors include Uncapped, Moonshot Capital and Beyond Equity.
Forward Advances operates through Forward Partners Venture Advance Ltd.