ABF WatchEuropean Fintech Credit TrackerUpdated

Deals / 28 Sept 2026

Capital on Tap: Public securitisation, £517.5m

Capital on Tap issued a further £517.5m series of STS notes from its London Cards master issuer, backed by business credit-card receivables.

Borrower
Capital on Tap, United Kingdom · SME lender
Announced
Facility
Public securitisation · New
Size
£517.5m
Funders
Not disclosed
Asset class
Business credit cards
Notes
Date is the PCS verification date (final terms dated 9 Sep 2026); size is the PCS total of seven note classes. Originator on the list is New Wave Capital Limited, Capital on Tap's operating company. Not in Capital on Tap's newsroom as of 7 Nov 2026.
Source quality
Reported: reported only by press or an adviser, not by the companies involved. How we check
Last checked
7 Nov 2026

Sources

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