RCJ Capital
RCJ Capital
Investment Group
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London Banking Consortium
Exited 2023
Financial Services
London, UK
Invested 2019

London Banking Consortium

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300% IRRStatus: Exited 2023

Key Highlights

  • Served over 10,000 SMEs across the UK
  • Pioneered digital banking for regional businesses
  • Awarded 'Best SME Bank' 2021 by UK Finance Association
  • Exited to a major European banking group in 2023

About London Banking Consortium

London Banking Consortium (LBC) is a leading regional banking group that has transformed SME financing in the UK. With a focus on digital innovation and customer-centric solutions, LBC has empowered thousands of small and medium-sized businesses to access capital, manage risk, and grow sustainably.

Strategy & Impact

  • Developed a proprietary digital lending platform, reducing loan approval times from weeks to hours.
  • Partnered with local business associations to expand reach and support underserved regions.
  • Launched financial literacy programs for entrepreneurs, resulting in a 30% reduction in loan defaults.

Milestones

  • 2019: Initial investment and digital transformation launch
  • 2021: Surpassed £1B in SME loans issued
  • 2023: Strategic exit with 300% IRR

Unique Value

LBC's success is rooted in its ability to combine technology, local expertise, and a deep understanding of SME needs. The bank's legacy continues to shape the UK's regional finance landscape.