Zoot & Shawbrook Named Best Lending Tech Partnership

Leeds, UK / Frankfurt, Germany / St Gallen, Switzerland / Bozeman, USA – 15th July 2024 – We are thrilled to announce that Zoot has been named Winner of the Best Lending & Credit Technology Partnership at the inaugural Credit & Collections Industry Awards 2024, in recognition of our collaboration with Shawbrook Bank. Launched at the beginning of 2024, the Credit & Collections Industry Awards are powered by Credit Connect and created to celebrate outstanding achievement and innovation across the credit and collections sector. This year’s programme attracted 63 entries from 54 companies, judged by an independent panel of eight judges. We are proud to say that our partnership with Shawbrook Bank came out on top in the Lending & Credit category, with the majority of judges ranking it as their outright first choice — the strongest endorsement in a highly competitive field.

Our work with Shawbrook Bank has been focused on addressing a real and pressing challenge: making lending more accessible and efficient for small and medium-sized enterprises (SMEs). Through Zoot’s digital lending platform, Shawbrook is now able to deliver credit decisions within just 3 hours, while empowering brokers with a self-serve option that puts greater control in their hands. Together, we have facilitated over £100 million in facilities — a testament to what a truly collaborative technology partnership can achieve for lenders, brokers, and the businesses they serve.

This award reflects the dedication of both teams to pushing the boundaries of what lending technology can do. By combining Zoot’s advanced decisioning capabilities with Shawbrook Bank’s deep understanding of the SME market, we have built a solution that delivers measurable, real-world impact.

We are incredibly proud of this recognition and look forward to continuing to develop our partnership with Shawbrook Bank as we help more businesses access the finance they need, faster.