Archives

August 17, 2017 @ 9:14 am By Samantha Hurst  |  

On Thursday, online lender Funding Circle announced it has formed a strategic partnership with Dutch financial services group, Aegon, to support the growth of UK small businesses. According to Funding Circle, Aegon is set to invest in loans to UK small businesses through its lending… Read More

August 10, 2017 @ 5:39 pm By Samantha Hurst  |  

On Thursday, online lender Funding Circle announced it is revamping its platform by offering a new look and feel. The lending portal also announced its new motto, Made to Do More. It was revealed: “Since  2010, we’ve been proudly helping small businesses (32,000 and counting!)… Read More

July 26, 2017 @ 9:26 am By Samantha Hurst  |  

Peer-to-peer lender Funding Circle has reportedly joined forces with UK-based Just Eat to provide takeaway restaurants with discounted business loans. Funding Circle will now offer nearly 30,000 restaurants that use Just Eat the discounted loans. The takeaway businesses will now be able to borrow up to £60,000… Read More

July 13, 2017 @ 6:01 pm By Therese Torris  |  

  Germany is a huge SME and VSME (very small business) credit market. But it is not as mature a market for online marketplace lending as the UK, the US, or even the Netherlands. This partly explains why Funding Circle Germany’s early loan book underperformed…. Read More

July 3, 2017 @ 6:16 am By Erin Hobey  |  

Funding Circle, a leading lending platform for small businesses, today announced that Sean Glithero will join the company as its new global Chief Financial Officer. This appointment follows a record-breaking first half of 2017 for Funding Circle with approximately £800 million lent to 8,000 businesses… Read More

June 30, 2017 @ 9:42 am By Samantha Hurst  |  

Online lender for SMEs, Funding Circle, announced this week it expanded its U.S. leadership team by appointing Joanna Karger as U.S. Head of Capital Markets and Richard Stephenson as U.S. Chief Compliance Officer. Karger, who notably has 30 years of experience working in capital markets,… Read More

May 24, 2017 @ 7:59 am By JD Alois  |  

Funding Circle, an online lender for SMEs, has received full authorisation by the Financial Conduct Authority (FCA).  Funding Circle is now queued up to offer the IFISA – an event that is expected to fuel platform growth even further. The FCA has struggled to complete… Read More

May 13, 2017 @ 10:29 am By JD Alois  |  

Kromtech Security Researchers say they discovered a “massive trove of data” from both businesses and investors on the online lending platform Funding Circle. The data only referenced US based customers and did not impact other markets where Funding Circle originates loans. Reportedly, no data was… Read More

March 1, 2017 @ 9:47 am By Samantha Hurst  |  

SME lender Funding Circle announced on Wednesday that Community Investment Management (CIM), an investment firm focused on marketplace lending, will finance an additional $100 million in loans to businesses originated through Funding Circle in the U.S. According to the online lending platform, the multi-year agreement… Read More

January 25, 2017 @ 3:04 pm By Samantha Hurst  |  

On Wednesday, marketplace lending platform Funding Circle announced changes as to how it prices property loans. The lender revealed that following a recent review of its property loan offering, it is increasing the interest rate on certain property loans and will begin to list some… Read More

January 21, 2017 @ 2:07 pm By JD Alois  |  

Following big news of a $100 million funding round, Funding Circle has announced it will stop issuing new loans in Spain. The announcement was posted on the Spanish version site of the SME peer to peer lender noting that it has not offered new loans… Read More

January 11, 2017 @ 7:45 pm By JD Alois  |  

Funding Circle Also Reports it is Now Profitable in the UK. Funding Circle, one of the largest online SME lender’s in the world, has closed on a $100 million funding round. The equity investment was led by Accel with participation from existing investors; Union Square… Read More

January 5, 2017 @ 9:30 am By Samantha Hurst  |  

Funding Circle announced on Thursday that government-owned British Business Bank would begin lending a further £40 million directly to small businesses through the marketplace lending platform. The website confirmed that this news comes less than two years after an initial £40 million investment by the British Business… Read More

December 23, 2016 @ 2:17 pm By Samantha Hurst  |  

With less than two weeks until 2016 comes to an end, Funding Circle took a look back at its marketplace lending platform’s memorable moments of the year. The platform shared: “As the new year approaches, we wanted to take a moment to share with you… Read More

November 1, 2016 @ 6:24 pm By Samantha Hurst  |  

Marketplace lender Funding Circle reportedly lent out more just a little over £95 million for the month of October and broke the UK’s monthly origination volume record. AltFi revealed that according to its data, Funding Circle has officially lent more than £1.6 billion for over… Read More

November 1, 2016 @ 4:17 pm By Samantha Hurst  |  

On Tuesday, alternative lender iwoca announced it is set to receive referrals from NatWest as part of the website’s new expanded panel of alternative lenders, Capital Connections. According to the companies, Capital Connections build on NatWest’s existing partnerships and creates even more opportunities for users… Read More

October 31, 2016 @ 3:54 pm By Samantha Hurst  |  

Peer-to-peer lending platform Funding Circle announced on Monday it is making changes to its interest rates. The lender stated that it regularly reviews the rates and takes into account various factors, which includes macroeconomics trends. It was revealed: “At Funding Circle, our aim is for investors… Read More

September 27, 2016 @ 9:02 am By Erin Hobey  |  

After 5 years, 4 months and 10 days marketplace lender Funding Circle hit £1 billion lent, and now, a mere 9 months later, the platform blogged its newest record, £1.5 billion lent. Funding Circle investors numbering over 50,000 have helped more than 16,000 businesses across the country. Independent research published by the… Read More

September 20, 2016 @ 9:00 am By Samantha Hurst  |  

Peer-to-peer lending platform Funding Circle announced on Monday its new partnership with business coaching firm, ActionCOACH. Founded nearly 20 years ago, ActionCOACH has advised thousands of small businesses each week on how to find the best employees. Speaking about ActionCOACH’s partnership, Funding Circle’s National Partnerships Manager, Dan… Read More

September 9, 2016 @ 12:09 pm By Samantha Hurst  |  

Eric Daniels, the former CEO of Lloyds Banking Group, recently announced he has officially joined the board of UK-based peer-to-peer lending platform, Funding Circle. Daniels, who departed from Lloyds in 2011, reportedly stated his new role will allow him to take part in the “sea change”… Read More