Love Finance has officially renamed itself as Lovey. The new name reflects the company’s modern, approachable and forward-looking perspective, while keeping the same mission, team and customer-first approach that has defined its success to date.
The company has experienced exceptional growth in recent years, with revenue more than doubling in the most recent financial year. Turnover increased from £4.7m (£48m loans) in 2023 to £9.3m (£96m loans) in 2024, before rising again to approx. £19.1m in FY 2025 (£195m loans), a 106% year-on-year increase. Lovey has remained profitable throughout, and is bootstrapped and founder-led by Jack Smith, all while scaling its team from 10 employees in 2021 to 75 in 2024, continuing to expand rapidly in 2025 to 110+ staff.
The new name, Lovey, is shorter, sharper and easier to recall, designed to stand out in a crowded financial market. It captures the warmth, care and human approach the company brings to supporting SMEs. Alongside the rename, Lovey continues to combine technology with direct lending and brokerage services, delivering fast, flexible and tailored funding solutions to thousands of UK businesses.
Jack Smith, Founder and CEO of Lovey comments:
“This change marks the start of a new chapter for the brand. It’s refresh reflecting on who we are today and positions us for the future. Lovey is a British term of endearment, and it captures the warmth and approachability that sit at the heart of how we work with our customers. The rename also reinforces our mission: making lending simple, fast, and beautiful, while preparing the business for growth ahead. Our new brand mirrors the innovation at our core and prepares us for the next chapter of our journey.”
Existing services, contracts and relationships remain unchanged. Customers and partners can expect the same straightforward approach, the same team, and the same fast, flexible SME funding, but now under a brand designed for the future.
