New funding allows MoveGB to shape up for national expansion

November 1, 2019
By

Bath-based fitness subscription platform MoveGB is on course for a nationwide rollout after securing a multi million pound innovation funding facility with Barclays.

The firm, founded in 2013 by serial entrepreneur Alister Rollins, has developed an innovative platform aimed at helping people stay healthy and active for life. 

The platform is already the largest network of fitness providers in the UK and offers access to a wide variety of activities from independent trainers and major gyms to yoga studios, all under one flexible monthly subscription.

Having grown it to nearly 100,000 users, MoveGB is now expanding its operations across the UK and beyond as it plans to create the world’s largest active community and change the way people across globe keep fit.

Alister said: “We are delighted to partner with Barclays on our growth journey. They understood and were aligned to our growth strategy, putting together an attractive facility.”

Barclays high growth & entrepreneurs director for the South West Matt Brook added: “It is a pleasure to work with innovative businesses like MoveGB and to support them with funding but also with our wider High Growth & Entrepreneurs proposition.

“MoveGB has established a strong track record in its marketplace and attracted significant funding from leading investors. It is particularly pleasing to see another South West technology business scaling.”

Barclays’ ‘innovation finance’ product is targeted at high-growth and innovative businesses, providing them with additional financing at more favourable rates as part of the bank’s commitment to supporting high-growth businesses in the UK. 

 

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