UK Fintech Unicorn Targets International Growth with Funding from HSBC UK

Epos Now, a SaaS and payments services provider, has secured up to £90m of committed (£55m Revolving Credit Facility) and uncommitted (£35m Accordion) facilities with HSBC UK to accelerate its next phase of international expansion.

Headquartered in Norwich, Epos Now will use the funding to support its expansion across North America and Europe and continue its mission to give companies access to world-class technology, regardless of their size or location. Epos Now currently supports more than 100,000 businesses worldwide across sectors including retail, hospitality, and enterprise, through its payments, point-of-sale, capital and business management software.

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The funding will also support further investment in Epos Now’s AI-powered business management suite, while enabling the business to move decisively on new market opportunities and accelerate its strategic growth ambitions.

Jacyn Heavens, Founder and CEO at Epos Now, said: “This deal marks an important milestone for Epos Now and gives us the flexibility to accelerate our international growth strategy. With HSBC UK’s support, we are well-positioned to invest further in innovation, expand into new markets and continue delivering affordable, reliable technology solutions to businesses around the world.”

Chris Teale, Senior Relationship Director at HSBC UK said: “Achieving unicorn status is a significant milestone and we’re proud to support Epos Now at this important stage of its growth journey as it accelerates its expansion into new markets.”

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