Duologi looks to disrupt lending sector
Consumer lending specialist Duologi is the latest company to take part in our hugely popular Startup Stories section.
“We’re about providing innovative finance solutions to businesses to help them grow and increase their profits. The clue is in the name. Duologi is us working in partnership with those businesses to offer logical, intelligent and creative financing options to their customers,” says Gary Little, Co-CEO.
The company was set up last year by Little and his co-CEO John Taylor. They had worked together at Close Brothers, a UK merchant bank, during which time they set up and grew a number of finance operations. These were in different sectors, including insurance, retail, motor, but what they had in common was that they provided businesses in those sectors with the ability to offer their customers finance options.
“John and I were keen to build something which reflected our values – passion, integrity, creativity and above all have fun, and we were fortunate to get the backing of Oaktree, one of the largest private equity providers in the world," Little says. "In the last year we’ve put a world class team in place, built our operating platform, obtained authorisation from the FCA to trade and launched the business. We’ve developed innovative solutions, won some contracts with large well known businesses and are now growing rapidly.”
Read the full interview here.
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