London gym receives £280k funding package to bulk up online offering

A London gym has announced that it is receiving a six-figure funding package to help expand its online offering through the pandemic.

Rumble Gym, based in Dalston, is expanding its online offering thanks to a £280k funding package from HSBC UK, which will also help to protect 11 jobs.

The six-figure funding from HSBC UK has allowed Rumble Gym to invest in its online classes to offer customers access to online streaming of sessions including pilates, boxercise and HITT.

The gym is also using the funding to purchase new PPE for staff when reopening to the public.

In the future, Rumble Gyms has plans to expand with more gyms across the UK and globally as well as continuing to focus attention on its online offerings and launch an online streaming service.

Lenka Chubuklieva, director of Rumble Gyms, commented: “The support we received from HSBC UK enabled us to continue operating via vital online classes during lockdown and it was great that we could still provide our expertise to customers during a difficult time.

“The support from HSBC UK has also allowed us to start thinking about the future and we are already developing expansion plans as well as potentially continuing our live streaming possibilities.”

Chris McVey, relationship manager at HSBC UK, added: “We are pleased to be able to provide funding for Rumble Gyms during these uncertain times.

“Providing the right support for our customers is crucial and we look forward to continuing working with them as the company grows and continues to make a positive impact on the world.”

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