Fintech Powerhouse Triple Point Unlocks £55m for Perch Group's £400m Platform

Perch Group, the Blackpool-headquartered credit management business, has secured an enhanced £400 million funding platform, designed to support its continued growth across the UK and strategic investment in technology. This substantial financial backing includes a newly originated £55 million facility from Triple Point, which was announced on October 7, 2026. Triple Point now joins a robust lending panel that features established financial institutions such as NatWest Group, Hampshire Trust Bank, Shawbrook Bank, Paragon Bank, and Lloyds. Quilam Capital, an early investor, also maintains a significant equity stake in the company.

Since its establishment in 2016, Perch Group has demonstrated remarkable expansion, evolving from a regional start-up into a major industry player. The group now boasts a workforce of over 500 employees, manages more than one million customer accounts, and holds assets under management exceeding £1 billion. A key differentiator for Perch Group is its integrated approach to the full credit management lifecycle, executed through its five specialized subsidiaries. These include Perch Capital, which focuses on debt purchasing; ACI UK, a specialist in customer engagement; Verify, a provider of field services; TM Legal, an SRA-regulated law firm; and Perch Connect, an outsourced contact centre business. This comprehensive, single-ownership structure is fundamental to the firm’s strategic positioning in the market.

Ellis Diamanti, Head of Specialty Finance at Triple Point, lauded Perch Group as “a genuine UK growth story.” He emphasized that the company, built outside London, has become one of the country’s leading credit management platforms, underscored by a decade-long track record. Diamanti expressed Triple Point's enthusiasm for supporting Perch Group as it embarks on its next phase of development. Mark Pickup, Chief Financial Officer at Perch Group, affirmed that the expanded funding package establishes “a strong foundation for future growth,” enabling continued investment in technology and the delivery of exceptional customer outcomes. While the company did not specify the exact technology projects slated for funding or disclose individual loan tenors or pricing within the £400 million platform, the commitment signifies significant future investment.

The UK debt purchasing and credit management sector has consistently attracted substantial institutional capital in recent years. Lenders are drawn to the relatively predictable cash flows generated from purchased debt portfolios, coupled with the clear regulatory framework provided by the Financial Conduct Authority’s (FCA) consumer credit regime. The FCA’s Consumer Duty rules, which became fully effective in 2023 and were extended to closed products in 2024, have intensified obligations on credit management firms. These firms are now required to demonstrably achieve positive outcomes for customers experiencing financial difficulties. Perch Group’s integrated structure, which internalizes legal, field, and contact centre capabilities, serves partly as a strategic response to this stringent compliance environment. By owning the entire customer journey, the firm reduces its reliance on third-party agents and gains more direct control over conduct risk.

For Triple Point, this facility represents a strategic expansion of its specialty finance book, which complements its existing clean energy, social housing, and ventures strategies within its approximately £2.5 billion under-management platform. Originating specialty credit in the consumer debt purchasing space demands deep sector-specific knowledge to accurately assess portfolio quality. This deal signals Triple Point’s ambition and capability to compete with more established credit fund managers in this niche area of the private credit market. The diverse nature of the senior lending syndicate, which spans major high-street banks and specialist challenger banks, underscores the maturity Perch Group has achieved as a borrower and reflects the confidence multiple regulated institutions place in its underwriting and collections model. Future indicators of Perch Group’s sustained growth beyond the £1 billion AUM mark will include the pace at which it deploys the expanded facility into new portfolio acquisitions and the specific technology build-outs it funds.