# UK challenger banks and specialist SME lenders overtake incumbents

**URL:** https://community.rapyd.net/t/uk-challenger-banks-and-specialist-sme-lenders-overtake-incumbents/58457
**Category:** 👓 Blog
**Created:** [March 1, 2023, 2:21pm UTC](https://community.rapyd.net/t/uk-challenger-banks-and-specialist-sme-lenders-overtake-incumbents/58457 "2023-03-01T14:21:02Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![drew.harris](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/drew.harris/32/1259_2.png) [@drew.harris](https://community.rapyd.net/u/drew.harris)
#### Post date: [March 1, 2023, 2:21pm UTC](https://community.rapyd.net/t/uk-challenger-banks-and-specialist-sme-lenders-overtake-incumbents/58457/1 "2023-03-01T14:21:03Z")

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> **[UK challenger banks and specialist SME lenders overtake incumbents](https://www.finextra.com/newsarticle/41885/uk-challenger-banks-and-specialist-sme-lenders-overtake-incumbents)**
>
> Challenger and specialist banks lent small businesses more than the traditional major players in 2022 - a record £35.5 billion.