Following the recent coronavirus outbreak, we continue to follow government advice and are working remotely. Our resilient by design business model has allowed us to make this transition as straightforward as possible and, fortunately, our suppliers, business partners and investors have equally robust models.
Although we are not yet a fully operational bank and, frustratingly, we are not able to support UK businesses through these challenging and unprecedented times, we will continue to develop our business as we strive to officially launch during Q1 2021.
We remain as determined as ever to support small and medium-sized UK businesses and become part of their story as we address the funding difficulties SMEs constantly encounter with traditional high street banks. Once live, we are confident our clear vision and purpose will allow UK-based SMEs to achieve their aspirations and realise their potential as they continue to be the backbone of the British economy.