Acquis Lumia, the industry-wide register of asset finance borrowing, has today announced that grenke has become the 40th organisation to join the platform.
grenke specialises in flexible IT leasing and financing solutions tailored to support the growth of businesses across the UK. Its mission is to empower businesses of all sizes by offering innovative and adaptive leasing solutions that make essential equipment and technology more accessible. With over four decades of experience and a presence in more than 30 countries, grenke offers financing for hardware, software, equipment, machinery, devices, and other critical assets that drive business performance and growth.
grenke has become the 40th organisation to join Acquis Lumia, which was launched in 2022 to provide lenders with a comprehensive, up-to-date view of a business’s live asset finance commitments. Lumia has quickly gained momentum in the industry due to the real-time visibility that it provides, helping lenders to understand and manage their portfolios.
James Rudolf, Director at Acquis Data Services, commented: “We’re delighted to welcome grenke as the 40th organisation to join Acquis Lumia. Reaching this milestone with such a respected name in the industry is a fantastic endorsement of the value Lumia is delivering.
“Our mission has always been to help leasing companies unlock greater insight, and this shows just how quickly that goal is resonating across the sector. There is nothing else in the market that’s like Lumia and we could not be prouder of the progress it’s made so far.”
David Horton, Managing Director, grenke said: “Acquis Lumia provides vital transparency across the asset finance market, enabling smarter, more responsible lending decisions. We absolutely recognise the importance of industry-wide cooperation in addressing the challenge that fraud presents, and the Lumia platform provides a simple and effective way for us to deal with this challenge. We’re proud to be the 40th organisation to join Lumia and contribute to a more connected and informed industry.”
