London, UK, February 11, 2026 - Zeti has expanded its partnership with Paragon Bank’s SME Lending division, strengthening their shared mission to help UK SMEs accelerate their transition to net zero.
The expanded agreement formally appoints Zeti as Paragon’s fintech partner, with ZetiOS, its cloud-based software platform enabling the financing and management of transportation and energy assets.
Through ZetiOS, Paragon will gain access to real-time asset data, including financial reporting, emissions tracking and asset health monitoring. This enhanced automation, financial and sustainability reporting and richer ESG intelligence will support more informed lending decisions and faster decision-making, leading to a smoother customer experience.
Zeti and Paragon have collaborated since 2023 through work with Otto Car, Europe’s largest private hire fleet provider, using ZetiOS to enable innovative pay-per-use financing for Otto’s portfolio of low-emission vehicles.
The expanded partnership will now support the financing of a wider range of renewable energy assets such as rooftop solar, combined heat and power systems and small-scale wind. This will enable SMEs to fund equipment in a way that reflects actual energy production and usage. By building on established Power Purchase Agreement models, the partnership aims to help SMEs lower energy costs while supporting the UK’s broader ambitions for decarbonization and energy resilience.
Matt Bass, Head of Specialist Finance in Paragon’s SME Lending division, said:
“FTSE 250 lender working with more than 16,000 UK SMEs, Paragon is committed to funding a greener future for SMEs and the UK economy.
“We want to make a meaningful difference by providing simple and modern finance solutions that enable SMEs to have assets that reduce emissions and provide energy certainty. Zeti’s team is entirely aligned with these goals and their tech expertise enables us to do exactly that. Whether it’s pay-per-use vehicle finance or multi-asset renewable energy solutions, this partnership allows us to deliver smarter, data-driven outcomes for our customers at scale.”
Dave Kennon, Commercial Director, Zeti, added:
“This partnership is a great example of what happens when deep finance experience meets genuinely innovative technology. We have worked closely with the team at Paragon to remove many of the traditional barriers that slow down capital deployment, whether that is complexity, data gaps or rigid structures. By using ZetiOS across its portfolio management, Paragon can reach a broader range of customers and asset classes, helping clients access flexible finance and new products that deliver long-term energy security at lower cost, while supporting net zero ambitions across transport, energy and beyond.”
Dan Saunders, Founder and CEO, Zeti, said:
“From the outset, ZetiOS was built to modernize how capital connects with real-world assets. Our technology brings together data, insight and automation to give lenders the confidence to finance more customers, more efficiently, across a much wider set of asset and infrastructure use cases. Partnering with Paragon demonstrates how banks can move beyond traditional models and use software to support everything from vehicle finance to complex renewable and energy infrastructure assets.”
The Zeti collaboration aligns with Paragon’s growing footprint in the clean-energy finance space and builds on the bank’s rooftop solar scheme with HDM Energies, an initiative that removes upfront costs for participants and is so far expected to save customers a collective £24.9m in energy savings and reduce emissions by 900,000 tons, equivalent to taking 200,000 cars off the road for a year.
About Zeti
Zeti is an award-winning financial software company that enables the financing and management of fleets, equipment and energy infrastructure projects. Its asset finance platform connects funders with operators and manages transactions using real-time asset data to support flexible financing structures, automated loan management and portfolio insight. The platform is designed to make it easier for investors to deploy and manage capital into mobility and energy assets, while enabling operators to scale with lower upfront cost and greater operational visibility.
To find out more about Zeti
https://www.zeti.group
About Paragon
PParagon Bank’s SME Lending division supports more than 16,000 small and medium-sized enterprises across the UK with tailored finance solutions that help businesses grow, invest and innovate. The division reported a 7.2% year-over-year increase in its loan book to £877 million in its last financial year, reflecting strong demand and Paragon’s expanding market presence.
Paragon offers a wide range of asset finance and commercial loan products, delivered through a relationship-led approach and backed by the strength of a FTSE 250 banking group. The division serves a diverse range of sectors, including construction, manufacturing, agriculture and transportation.
To find out more about Paragon Bank’s SME Lending offering, visit
https://www.paragonbank.co.uk/business/asset-finance
Media Contact:
Phoebe Dickson
phoebe.dickson@zeti.group