Evolution Money is expanding its Manchester-based operations and is seeking to take its employee numbers past 200.

The business, which has announced 29 new roles, offers secured and unsecured loans to customers through both Evolution Money and sister brand Progressive Money.

The announcement follows a £100m funding injection earlier in the year, where Evolution Money announced its intent for further growth both in terms of its financial product portfolio as well as its staff base.

As part of its current recruitment drive, the business is looking to fill vacancies in newly established director-level roles all the way through to entry level and management roles in business development, compliance and quality, customer services and finance. The business currently employees over 170 people at its Portland Street office.

Mat Beaver, managing director of Darwin Group said: “We are entering an exciting new phase following our funding injection earlier this year, delivering upon our stated intention to accelerate our growth plans, becoming a leading UK consumer finance brand that offers an alternative to the high-street banks and other loan providers.

“It has always been our intention to bolster our Manchester head-quarters and build a team that is based in the city where we were founded.

“We have invested in a state-of-the-art office, staff learning and development as well as a series of employee benefits to support colleagues both at work and at home and we are looking forward to welcoming new faces and growing our business further.”