Waddle Loans

According to Waddle, RBS Group is one of the first banks in the world to offer an automated working capital solution to customers. More than 400 client applications and £10 million in funds have already been extended as part of the pilot. Now Waddle and RBS Group are looking to scale the product through RBS Group's entire customer base. ''The international nature of this partnership introduced new challenges we'd not faced before," comments Waddle cofounder Nathan Andrews. "Creating quality software requires a strong collaborative process and doing this across time zones is hard. Technically, some of the initial decisions we made around contemporary cloud tools and scalable software architecture put us in good stead. These lean tools and processes created a platform that could support our core engineering team. Our team has been incredible and is the main reason for our success so far." This kind of global partnership with a local fintech is very exciting. It's not just a software licensing agreement (buying off the shelf), it is a partnership, and I think that sets us all up for success.