A Cornwall-headquartered tech company has secured a major cash boost from the British Business Bank.
The Kindness of Strangers, based in Torpoint, says it will use the £250,000 loan to help small charities and not-for-profits access digital fundraising tools previously reserved for bigger organisations.
The finance package, from the lender's South West Investment Fund via appointed fund manager FSE Group, will also support the growth of the business.
FSE has been working with The Kindness of Strangers since 2023 when it provided equity investment from the British Business Bank's Cornwall & Isles of Scilly Investment Fund.
Since then, the business has completed the development of its platform for the Church of England, Cornerstone, which is now being used by more than 1,000 churches.
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