Lumo Launches New Platform for Small Business Finance
Lumo Money announces the rollout of its new small business lending platform, designed to make funding faster, clearer, and more personal for growing UK businesses.
Jamie Reed
Senior Content Strategist
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A new chapter begins
We are excited to share an important milestone at Lumo Money: the launch of our new digital lending platform for small businesses across the UK.
Built from the ground up with design, speed, and transparency in mind, the new experience represents a major step toward our goal of making finance feel effortless for business owners.
The platform has been in beta testing with a small group of users since summer 2025, and early feedback has been overwhelmingly positive.
Business owners say it feels “simple, human, and refreshingly clear” exactly what we set out to achieve.
Designed for real people
Most lending systems are built around forms and filters. Ours is built around people.
Every part of the new Lumo platform is designed to help business owners apply confidently, understand their options instantly, and make better decisions about funding.
The application process now takes minutes, not hours.
We’ve streamlined onboarding, simplified documentation, and built automated checks using secure open banking data all while keeping control in the customer’s hands.
If you would like to see how it works, explore our loan calculator.
Smarter, faster decisions
With the new platform, decisions are quicker and fairer.
By analysing live transaction data and cash flow trends, Lumo can offer instant insights on eligibility and repayment options before an application is submitted.
This means fewer surprises and faster approvals, giving small businesses more time to focus on what really matters, running and growing their company.
Behind the scenes, we have invested in machine learning models that learn from thousands of anonymised data points to improve decision accuracy over time.
The goal is not to automate judgment but to remove friction, bias, and delay from the process.
Listening and improving
Lumo’s evolution has been driven by feedback from the people who matter most, our customers.
Throughout 2024 and 2025, we ran interviews and workshops with business owners across retail, hospitality, tech, and manufacturing to understand their frustrations with traditional finance.
Their message was clear: lending needed to be simpler, faster, and more transparent.
Our team used that insight to redesign every part of the process, from application to repayment.
That collaborative spirit will continue. We are introducing a Lumo Insider Panel in early 2026, inviting customers to shape future updates, new features, and financial tools.
A look ahead
This launch is just the start.
In 2026, Lumo Money will expand its product range to include invoice finance, asset-based lending, and a new line of working capital credit tailored for seasonal businesses.
We are also developing integrations with leading accounting platforms, enabling customers to manage loans directly from within their existing tools.
This will bring our vision of seamless, embedded finance even closer.
As always, our goal remains simple, to give small businesses the clarity and confidence to grow on their own terms.
Final thoughts
At Lumo, progress means building tools that make business life easier, faster, and fairer.
This platform launch marks an exciting new phase in our journey — and it is only possible thanks to the thousands of founders, entrepreneurs, and partners who have trusted us along the way.
We are just getting started.
Whether you are applying for your first loan or managing ongoing growth, we are here to help you make confident financial decisions every step of the way.
