ThinCats

Tamworth, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By Shawbrook Bank
An online marketplace for business loans is operated and developed.
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About ThinCats

ThinCats is a company based in Tamworth (United Kingdom) founded in 2010 was acquired by Shawbrook Bank in September 2025. It operates as a Commission-Based, and Brokerage / Intermediation. ThinCats has raised $360.95 million across 8 funding rounds from investors including Citi, Barclays and Shawbrook Bank. The company has 28 employees as of September 30, 2018. ThinCats has completed 4 acquisitions, including Andusia, BG Energy Solutions and Crondall Energy. ThinCats offers products and services including Business Funding, Private Equity Funding, and Owner Managed Business Funding. ThinCats operates in a competitive market with competitors including Funding Circle, Funding Xchange, Assetz Capital, MarketFinance and Tranch, among others.

  • Headquarter Tamworth, United Kingdom
  • Employees 28 as on 30 Sep, 2018
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Business Loan Network Limited
  • Date of Incorporation 10 May, 2010
  • Jurisdiction LONDON
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $2.68 M (USD)
    -14
    as on Dec 31, 2019
  • Net Profit
    $-366.47 K (USD)
    67
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $360.95 M (USD)

    in 8 rounds

  • Latest Funding Round
  • Investors
    Citi

    & 11 more

  • Employee Count
    28

    as on Sep 30, 2018

  • Investments & Acquisitions
    Andusia

    & 3 more

  • Acquired by
    Shawbrook Bank

    & 2 more

    (Sep 02, 2025)

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Products & Services of ThinCats

ThinCats offers a comprehensive portfolio of products and services, including Business Funding, Private Equity Funding, and Owner Managed Business Funding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Long-term debt funding is provided for mid-sized businesses.

Debt solutions are offered for private equity-backed SMEs.

Flexible funding is provided for owner-managed UK businesses.

People of ThinCats
Headcount 50-200
Employee Profiles 2
Employee Profiles
People
Mike Hackett
Chief Commercial Officer (cco)

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Teams

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Funding Insights of ThinCats

ThinCats has successfully raised a total of $360.95M across 8 strategic funding rounds. 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
  • Total Rounds 8
  • Last Round
  • First Round

    (18 Feb 2019)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2025 Amount Private Equity Round - ThinCats Valuation

investors

Jan, 2024 Amount Series D - ThinCats Valuation Fintex
Sep, 2023 Amount Debt – Conventional - ThinCats Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ThinCats

ThinCats has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi, Barclays and Shawbrook Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Capital and expertise are provided to entrepreneur-led businesses by Queen’s Park Equity.
Founded Year Domain Location
Quilam Capital is engaged in providing growth capital and senior debt solutions.
Founded Year Domain Location
Private debt investment firm focused on SMEs
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ThinCats

ThinCats has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Andusia, BG Energy Solutions and Crondall Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Rigid hydraulic tubes and handrails are manufactured to customer specifications.
2012
Consulting services for floating and subsea facilities are provided.
2001
Provider for building automation and energy management solutions
1988
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ThinCats

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Thincats Comparisons

Employees
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Competitors of ThinCats

ThinCats operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Funding Circle, Funding Xchange, Assetz Capital, MarketFinance and Tranch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A peer-to-peer marketplace for business loans is operated and developed.
domain founded_year HQ Location
Provider of an online marketplace for business loans
domain founded_year HQ Location
Developer of online P2P marketplace for commercial real estate and business loans
domain founded_year HQ Location
Online marketplace for business loans
domain founded_year HQ Location
Online lending marketplace for invoice financing
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Thincats

Frequently Asked Questions about ThinCats

When was ThinCats founded?

ThinCats was founded in 2010 and raised its 1st funding round 9 years after it was founded.

Where is ThinCats located?

ThinCats is headquartered in Tamworth, United Kingdom. It is registered at Tamworth, England, United Kingdom.

Who is the current CEO of ThinCats?

John Mould is the current CEO of ThinCats.

Is ThinCats a funded company?

ThinCats is a funded company, having raised a total of $360.95M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $855.98M, raised on Feb 18, 2019.

How many employees does ThinCats have?

As of Sep 30, 2018, the latest employee count at ThinCats is 28.

What is the annual revenue of ThinCats?

Annual revenue of ThinCats is $2.68M as on Dec 31, 2019.

What does ThinCats do?

ThinCats is established as a prominent alternative lender in the UK, focusing on the funding needs of mid-sized SMEs across various sectors. Funding solutions ranging from 1m to 20m are provided for purposes such as growth, acquisitions, refinancing, and restructuring. Support is extended to private equity investors and owner-managed businesses through tailored debt solutions. Over 2bn has been deployed to date, aiding ambitious businesses in achieving their growth objectives. Expertise in buy-and-build strategies is also offered to facilitate expansion through acquisitions.

Who are the top competitors of ThinCats?

ThinCats's top competitors include Funding Circle, Funding Xchange and Assetz Capital.

What products or services does ThinCats offer?

ThinCats offers Business Funding, Private Equity Funding, and Owner Managed Business Funding.

How many acquisitions has ThinCats made?

ThinCats has made 4 acquisitions, including Andusia, BG Energy Solutions, and Crondall Energy.

Who are ThinCats's investors?

ThinCats has 12 investors. Key investors include Citi, Barclays, Shawbrook Bank, Fintex, and HFMC Wealth.

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