London-based fintech SAPI has closed a ~£60 million funding round comprising £57 million in debt and £4 million in equity, enabling the company to scale its payment-linked financing platform and expand access to capital for immigrant- and woman-owned businesses across the UK.
The debt facility is led by US-based alternative credit asset manager Hudson Cove Capital Management, with continued equity support from Triple A Capital and Passion Capital. Lenvi Standby Servicing has been appointed as back-up servicer, providing structural resilience as SAPI scales its operations.
Since launch, SAPI has advanced more than £50 million to small businesses, with approximately 90% going to immigrant- or woman-owned enterprises - segments consistently underserved by traditional lenders. The company's payment-linked financing model integrates directly with payment service providers, enabling repayments to flow automatically as businesses trade, reducing risk and improving affordability for borrowers.
Scaling with operational maturity
With dual-hub operations across London and Hanoi, SAPI has built the infrastructure to support ambitious growth targets. The company is on track to reach profitability in 2026 while significantly scaling monthly origination, driven by tech-first partnerships.
The appointment of Lenvi Standby Servicing as back-up servicer provides critical operational resilience as the company scales. Standby servicing ensures continuity for investors and borrowers while enabling SAPI to focus resources on growth rather than contingency infrastructure.
"We needed a standby partner that could match our pace, plug into our infrastructure with minimal friction, and give our investors confidence that servicing would remain resilient at scale. Lenvi's tech-focused approach and ability to mobilise at speed mean they feel like an extension of our own team rather than a traditional outsourced provider."
Mai Le, Co-Founder & CEO - SAPI
"It is fantastic to partner with a business bringing genuine innovation to payment-linked financing. SAPI's vision and execution are impressive, and we are excited to support them on this journey and see just how far the business can go."
Owain Chambers, Director of Capital Markets Sales - Lenvi
About SAPI
SAPI provides payment-linked financing in partnership with payment service providers, expanding fair access to capital for overlooked small businesses. The company's repayment-at-source technology integrates with payment infrastructure to create a more affordable, lower-risk financing channel for businesses that struggle to access traditional credit.
About Lenvi
Lenvi is a new-breed Fintech, offering insight-powered technology and services to enable businesses to deliver more powerful, relevant, and responsible lending solutions. Combining 30+ years of unrivalled experience with a modern, agile Fintech ethos.
Lenvi specialises in B2B consumer and commercial lending software and solutions. Combining global expertise, market insight, and end-to-end services to provide loan management software, risk management software for receivables finance, mortgage and loan servicing, and standby servicing.
Lenvi is born out of decades of real-world experience honed at the cutting edge of our industry. Our purpose is to revolutionise lending and deliver powerful, agile, responsible solutions to continually meet customer needs and demands, through heritage, skill, experience and unrivalled technology.