back Back

xDesign secures funding from Soho Square to accelerate growth

By Gloria Methri

June 23, 2023

  • Cloud Computing
  • CreateFuture
  • Digital Consultancy
Share

xDesign, Soho Square, FinTech, SME Financing, Digital Consultancy, UKDigital consultancy xDesign has secured a minority growth investment from Soho Square Capital, an investment firm focused on financing SMEs in the UK and Europe. The deal, which was agreed for an undisclosed amount, will see Joe Tebbutt, Principal at Soho Square, join the xDesign’s Board of Directors.

With Soho Square’s investment and support, xDesign will accelerate its expansion plans with a number of new office openings planned around the UK and internationally.

This latest announcement comes off the back of a period of rapid growth for xDesign which in the last two months alone, launched a new cloud computing division and acquired innovation and design company CreateFuture.

Euan Andrews, founder, and CEO of xDesign said, “In Soho Square, we now have an investor – and more importantly – a partner, that will help us amplify our mission to create a human-centric digital consultancy on a bigger scale whilst maintaining the independent mindset that has made us successful. With Joe, James, and the Soho Square team now in our corner too, I am really excited to see where we can take xDesign in the coming months and years, particularly given the current market appetite for digital transformation projects.”

Joe Tebbutt, Principal at Soho Square, said, “xDesign is a business that understands the true power of people to create great digital solutions that generate real positive change for clients and end users. As a result, Soho Square’s minority backing is a real investment in its talented team of people, its award-winning culture, and its unfaltering reputation for quality service and delivery – something which has already helped it build a high-profile roster of clients. We are delighted to now be a part of the xDesign story, and can’t wait to support it in accelerating its ambitious expansion plans.”

Previous Article

June 23, 2023

6 FinTech tweets you should see!

Read More
Next Article

June 26, 2023

Novo launches ‘Novo Debit Card’ for small businesses

Read More






IBSi Daily News Analysis

June 21, 2024

Cloud Computing

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 21, 2024

Niyogin Fintech appoints Sanket Shendure as the Chief Product & Growth Officer

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

June 21, 2024

The Weekly Wrap: all you need to know by Friday COB | June 21st

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023