Evolution of SoMo

Take a look into how we evolved into the SoMo brand.

  • 2014

    May Social Money creates the aim of using technology to help people borrow and lend safely through secured bridging loans.
    August Social Money employs its first member of staff.
    September Social Money platform (BridgeCrowd) launches.
    October UK’s first platform dedicated solely to secured bridging property loans.
  • 2015

    January Social Money takes on first investor through the platform.
    June Team expands with strategic hires with Head of Sales and Head of Underwriting.
    September First £10,000,000 lent
  • 2016

    May First UK bridging company to launch Open Bank technology to combat ID fraud.
    September 200th investor.
    November 50th bridging loan.
    December £20,000,000 lent.
  • 2017

    January Team expands to 15+ people.
    February New HQ with larger premises.
    March First 50 million lent.
    April 200th secured bridging loan.
    August Largest loan approved to date £1.5000,000.
    September 500 investors reached.
  • 2018

    March First network onboard.
    April Largest 2nd charge loan of £2,000,000.
    July First 80 million lent.
  • 2019

    September 40th employee hired & new HQ moved into.
    November Social Money connects with institutional funding lines.
    December Over £120 million lent and 100% recovery rate to date.
  • 2020

    November Launch the new SoMo brand to replace the BridgeCrowd Website.
Client Reviews

What people say about Social Money (SoMo).