City of London Group plc was incorporated in 1981, listed on the Stock Exchange in 1996 and transferred to be AIM-Listed (TIDM: CIN) in 2015. Recently it has gone through a transformation and its only subsidiary now is Recognise Bank which achieved its full UK banking license in September 2021.
Recognise Bank is a modern, tech-driven, savings and SME-lending UK regulated bank. Using best-in-class technology, it provides business owners better and faster financing to grow their businesses – with less paperwork and less time.
As of March 2022, Recognise Bank achieved its milestone of £100m in lending to SME’s across the UK.