International expansion on the horizon for London tech accessories firm with £1.7m funding

A London technology accessories company has announced that it has secured £1.7m in funding to help expand its portfolio and overseas business.

Mous Products, which is a designer, manufacturer, and online retailer of technology accessories, has secured the six-figure Coronavirus Business Interruption Loan (CBILS) from HSBC UK

The funding will be used to support the rollout of its new iPhone 12 cases, as well as to facilitate its future international expansion plans.

Gina Sartor, finance director of Mous Products, commented: “The emotional and practical value of technology has never been greater.

“As an innovator in the industry, it’s our responsibility to protect the technology that helps to enhance people’s connection to each other, and thanks to the support from our relationship director at HSBC UK, Nicolae Stan, we are well positioned to achieve this.”

Victoria Ritchie, head of commercial banking in London City at HSBC UK, added: “Despite being faced with production challenges as a result of the pandemic, Mous Products has been able to continue to develop and expand its product portfolio.

“HSBC UK was pleased to offer a CBILS loan to support the roll-out of new product lines and international growth plans.”