l
CASE STUDY
GROWTH STREET

About Growth Street

Growth Street provides access to flexible overdrafts of up to £150k to small businesses. Those overdrafts are funded by a select community of investors, who must be: a High Net Worth individual, a sophisticated investor or a company or institution. Growth Street operates as a marketplace matching borrowers with lenders, allowing all parties to benefit from greater transparency into SME performance.

Growth Street is incubated by Arts Alliance Ventures – the venture capital firm that stands behind brands such as Interactive Investor, lastminute.com. LoveFilm, Shazam and Graze.com.

The Challenge

This was one of the rare opportunities for an early stage CEO to exercise his/her full creativity. Growth Street, as an idea, required in-depth handling by an entrepreneurial CEO with start-up expertise and domain knowledge of Fintech and traditional financial services.

360Leaders Approach

For this unique search we mapped the UK market for both- first time CEO’s and seasoned campaigners well versed in Fintech, who could take on such entrepreneurial position.

Working against an aggressive timescale, we shortlisted five candidates, all of whom were throughly referenced. Final candidates were challenged to create a 100 day plan and James Sherwin-Smith was appointed following this presentation.

The Results

James Sherwin-Smith was placed as a CEO. Since then the company has enjoyed continued success.

Growth Street launched at the end of 2015 with £5M From Arts Alliance Ventures and industry leaders.

The company has grown from launch to 18 people.

Growth Street has been selected to join Upscale and Growth Builder, two scale-up programs supported by the UK government and several blue chip organisations.

Growth Street successfully campaigned for greater price transparency through the introduction of APR to the UK commercial finance market. All lenders that provide unsecured loans and overdrafts to SMEs, now have to display on their websites rates showing the cost of these products up to the value of £25,000.

Growth Street recently released a cash flow forecasting tool which automatically connects to cloud accounting software and then produces a detailed forecast of cash flow for up to 90 days.

Share:
More case studies
NORDIC CHOICE HOTELS
VP Technology
CHARGEPOINT
VP Marketing
NEURA
VP Global Revenue

Request an invite

We're glad you're interested in attending out event. Please fill in your details below and we'll be in touch about availability.

View our Privacy Policy

WE WOULD LOVE TO MEET YOU

We regularly attend the global leading tech events. If you're there, please don't hesitate to get in touch. We would love to find time to meet you.

View our Privacy Policy

Download

Thank you for your interest in downloading our press release. Please complete the form below to receive the link to download this press release.