Nava Finance Limited today announced that the Financial Conduct Authority has confirmed that as of 27 January, 2017 Nava Finance Limited is authorised and regulated by the FCA, enabling Nava to begin offering personal loans to UK consumers.

The company is now focused on working towards an initial launch date, which will be announced when all testing and other preparations are fully completed.  The co-founders of Nava are Joe Dlutowski, Richard Lee and Abhai Rajguru.

Joe Dlutowski, co-founder of Nava Finance, said: “I am delighted to share this news and look forward now to announcing our launch.”