Tagged: funding circle

AlliedCrowds Unveils New “Crowdfunding for Entrepreneurship” Report


AlliedCrowds, has published a new Crowdfunding for Entrepreneurship report as part of Global Entrepreneurship Week.  The data analysis company stated: “Crowdfunding is no longer just a niche form of financing for creative projects. In 2015, transactions across donations, lending, reward, and equity crowdfunding is expected to cross $34… Read More

LendingRobot Adds Funding Circle to Automated Investment Platform

Emmanuel Marot  2

LendingRobot announced a new partnership this past week. Funding Circle, an SME marketplace lending platform, is now available to investors using LendingRobot’s auto investment service which previously listed Lending Club and Prosper loans. LendingRobot CEO Emmanuel Marot stated the addition demonstrated their platform was “extensible… Read More

Brief: Funding Circle & SyndicateRoom Among Winners of the 2015 AltFi Awards

2015 AltFi Awards

AltFi, a media outlet for alternative finance, recently announced the winners of this years AltFi Awards. Among the winners were Funding Circle and SyndicateRoom. It was noted that this year AltFi split the award categories into three sections: Industry, Small Business & Investor. “For the industry… Read More

Funding Circle is Creating Meaningful Change in Lending

sam hodges Funding Circle

At a time when some are claiming that marketplace lending has not gone far enough to challenge the traditional banking system, Sam Hodges and Funding Circle have quietly proven that steadily acting on your principles and advancing your mission, can achieve meaningful change. It had… Read More

Funding Circle Partners with Barbergh & Mid Suffolk Councils on £2 Million Deal

Mid Suffolk

Two UK councils have partnered with peer to peer lending platform Funding Circle on a £2 million deal designed to assist local businesses access capital. Babergh and Mid Suffolk Councils will commence lending via Funding Circle this week.  Each council will channel £1 million for… Read More

Chinese Online Lenders Need to Have Flesh in the Game

where is the beef meat

  Last month I attended LendIt Europe in London (Oct. 20-21) to learn more about developments in the marketplace lending industry in the UK and in broader continental Europe. LendIt has once again done an excellent job organizing the conference and brought together a wealth… Read More

Bizfi Originated Over $127M in Financing During 2015’s Third Quarter

Stephen Sheinbaum

Bizfi, the premier fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses announced that it originated more than $127 million in business financing in the third quarter of 2015. This represents a double-digit percent increase in originations compared… Read More

Quotes From #LenditEurope: About China’s 2,000 Lending Platforms & More

Samir Desai and Peter Renton at Lendit Europe 2015

Part II: Seen & Heard at Lendit Europe If you missed attending Lendit Europe, you missed a great event. You can catch up on a selection of presentations on Lendit . For short skimming, we’ve selected a few thought-provoking quotes from day 2. You may also… Read More

Funding Circle Goes Global with Acquisition of Zencap

Funding Circle and Zencap founders

Funding Circle, the leading UK SME marketplace lending platform, has dramatically increased its footprint with the acquisition of Zencap. Funding Circle will now operate in Germany, Spain and the Netherlands. Funding Circle already has a significant operation in the US. Funding Circle representatives state this… Read More

Renaud Laplanche: Our Ability to Embrace Transparency as an Industry is Really Important

Renaud Laplanche 2015

  As the Marketplace Lending industry begins to mature, awareness is growing across the population.  More and more consumers realize they may be able to save time, and money, by doing a greater portion of their banking online. Lending Club, the largest Marketplace Lending platform… Read More

Crowdnetic Launches Automated Loan Platform “Marketplace Lending Gateway”

Luan Cox

Crowdnetic, a provider of technology and market data solutions to the marketplace lending industry, today announced the launch of “Marketplace Lending Gateway” (“Gateway”), a centralized technology platform that connects loan applicants from banks and retailers to alternative funding sources through a real-time matching and allocation… Read More

Brief: Zopa to Lend £60 Million this Month Topping Previous Record

UK P2PFA Members July 2015

Peer to peer lending platform Zopa has just updated Crowdfund Insider about their platform growth. According to Zopa, September is shaping up to be a stellar month. The P2P lender expects to top £60 million in loan originations beating all prior months.  Zopa is the first… Read More

Bizfi Launches API & White Label Solutions to Increase Small Business’ Access to Capital at Finovate New York

Stephen Sheinbaum

Bizfi, a fintech company that combines aggregation, funding and a participation marketplace on one platform for small businesses, announced it has launched both an API (application protocol interface) and a white label solution which will enable partner companies to offer direct lending solutions to their… Read More

Silicon Valley vs London? No Competition, London Fintech Dominates, Says UK Treasury Fintech Envoy Eileen Burbidge

Eileen Burbidge

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

Funding Circle to Provide Loans for SMEs that USE H&R Block

Funding Circle Affordable loans

Marketplace lender Funding Circle has added a new partner to its growing roster of collaboraters. H&R Block, the accounting service provider, will now provide a new service for business loans of up to $500,000 via Funding Circle’s platform. The new agreement is described as bolstering… Read More

4thWay Compares Zopa, RateSetter & Funding Circle in P2P Match-Up

UK P2PFA Members July 2015

Peer to peer lending comparison site 4thWay has shared a data points of the “big 3″ direct lenders in the UK.  4thWay notes the platforms are “aligned” as one would expect. All three continue to have “satisfactory to excellent bad debt rates”.  How much you… Read More

Funding Circle Announces Shift from Auctions to Fixed Rates for Loans

Samir Desai at Lendit 2015

In a letter to Funding Circle investors, and a post on the Funding Circle site,  the UK’s leading SME direct lender announced within the next month the platform will shift to fixed interest rate loans. Presently Funding Circle uses a bidding process where investors compete… Read More

Sam Hodges, Co-Founder of Funding Circle, Talks Small Business Borrowers’ Bill of Rights

sam hodges feature

  With the publication of the Small Business Borrowers’ Bill of Rights, one of the first consensuses on responsible small business lending practices, earlier this month, marketplace lending platforms including Funding Circle, Lending Club and Fundera showed their support for greater transparency for borrowers and accountability for platforms and… Read More

Singapore’s Temasek Holdings in Talks with India’s Zomato: New Funding Needed for Expansion of Online Restaurant Review and Food Ordering Platform

Deepinder Goyal

It’s meal time, a time when Zomato’s site is likely swarmed with hits.  If you are not yet familiar with Zomato, click here to see if the platform services your city. From Vancouver to Auckland, Zomato is used by millions of hungry people every day to decide… Read More

CBR Posts 2015’s Biggest UK Fintech Fundraising Rounds; Funding Circle and World Remit Top the List

FinTech and Money

Today CBR‘s Jimmy Nicholls posted research regarding London’s fintech scene, highlighting which companies have drawn the most money in their funding rounds. His results follow: 1. Funding Circle – £96m Perhaps the largest peer-to-peer lender in London is Funding Circle a technology start-up that began life… Read More