NatWest has issued what it calls its 'biggest' announcement for customers in a major update. The bank revealed that Gensmile Limited has secured new funding to expand and transform its South West practices into centres of clinical excellence.
Investment in Digital Dentistry
The investment will support the Swindon-based company's ambition to become an industry leader in digital dentistry. As the UK's biggest bank for businesses, NatWest Group says it 'is proud to support Gensmile's growth and innovation in the healthcare sector.'
The new funding is set to bring cutting-edge technology to local communities and provide new training opportunities and apprenticeships for local dental professionals.
Gensmile's Success Story
Founded in 2014 by Simon Turton, PhD, and Nick Lowcock, Gensmile has rocketed to success, now running 76 dental practices with over £110 million in annual turnover. Gensmile's unique partnership model keeps each practice's local character and clinical independence intact, while empowering them with corporate-level financial backing and expert business support.
Statements from Leadership
Simon Turton, PhD, CEO and Co-Founder of Gensmile Limited, explained in a statement: 'Our partnership approach means local dentists can focus on what matters most - delivering excellent patient care - while benefiting from the latest technology and training. This funding from NatWest will help us create clinical excellence hubs and invest in digital dentistry, ensuring communities across the South West have access to world-class dental services.'
Stuart Allison, Relationship Director at NatWest, commented: 'Gensmile's commitment to clinical excellence and community benefit aligns with NatWest's ambition to champion potential and support healthcare innovation. By investing in digital dentistry and local training, Gensmile is helping to build financial confidence and better health outcomes for communities across the South West.'
NatWest's relationship banking approach enables businesses like Gensmile to thrive, breaking down barriers and building financial confidence for millions of people, families, and businesses across the UK.
