Tagged: funding circle

Funding Circle Expands US Ops into Rocky Mountain State, Poised for Mile High Growth

Funding Circle, a leading small business loans platform, has expanded its U.S. operations with a second office in Denver, Colorado. With the move Funding Circle will look to hire around 290 new employees in the Denverarea over the next two years to support the company’s… Read More

Funding Circle Appoints Bernardo Martinez As New U.S. Managing Director

On Tuesday, online lender Funding Circle announced it was appointed Bernardo Martinez as its new U.S. managing director. He succeeds co-founder Sam Hodges, who is now to become Chairman of Funding Circle U.S. According to Funding Circle, Martinez joins the platform’s team from PayPal, where he… Read More

Funding Circle Investors Lent More Than £113 Million to Over 1,700 UK Businesses in February 2018

On Wednesday, online lender Funding Circle announced investors lent more than £113 million to over 1,700 UK businesses throughout the month of February. Funding Circle also reported that over the last six months investors have helped more than 10,200 small businesses be able to gain access… Read More

SME Lender Lendix Ups the Ante for Continental European Leadership

After France, Spain and Italy, Lendix is launching operations in Germany and the Netherlands. The company reaffirms its strategy to be first to market with a pan-European strategy, leveraging its marketplace business model through the addition of local teams. “We’re not pivoting. We’re remaining true… Read More

University of Huddersfield Lends to More Than 2,000 UK Small Businesses through Funding Circle Partnership

On Tuesday, Funding Circle announced the University of Huddersfield has reportedly led to more than 2,000 UK small businesses through its partnership with the online lending platform that allowed the University to became the first to lend directly to businesses through a lending platform. According… Read More

European Investors Elect Favorite Projects as Prêtons Ensemble Launches New €200 Million Digital Lending Fund

The asset management firm Eiffel Investment Group which manages the €100 million marketplace lending fund “Prêtons Ensemble” (meaning “Let’s Lend Together”) for institutional investors Aviva France, AG2R LA MONDIALE, MAIF, MGEN and Klesia awarded European Digital Lending Awards at a gathering held in Paris on… Read More

Banco BNI Europa and Funding Circle Form Partnership to Provide Financing to German SMEs

Banco BNI Europa and Funding Circle have entered into a partnership to provide access to capital for small and medium-sized businesses in Germany, according to the bank. Banco BNI Europa is a digital challenger bank based in Portugal. As part of the agreement, Banco BNI… Read More

UK P2PFA: Peer to Peer Lending Tops £3.1 Billion in 2017, Q4 Sees Considerable Growth as Borrowers Shift to Online Lending

The UK Peer to Peer Finance Association (P2PFA) has published aggregate fourth quarter data for of 2017 for its member platforms. The P2PFA shows that during 2017 £3,145,098,842 in peer to peer loans were facilitated. Cumulative lending transacted through P2PFA member platforms exceeded £8 billion…. Read More

UK’s Largest P2P Lender Funding Circle Said to be Planning IPO at £2 Billion Valuation

Funding Circle, a UK based peer to peer lender, is reportedly planning an initial public offering (IPO) for 2018. The news of the new listing is courtesy of SkyNews that reports Funding Circle will begin meeting with investment banks during Q1 of 2018 as they… Read More

Funding Circle Has Originated Over £3 Billion in Loans Since Platform Launch

Funding Circle, the UK based online lender focusing on SMEs, has topped an important milestone having surpassed £3 billion on lending since launch in 2010.  Funding Circle has been rather quiet on the accomplishment beyond noting it on their UK home page where it states 30,986 UK… Read More

Funding Circle Announces ISA Is On The Way

Online lending platform Funding Circle announced on Thursday that it is set to roll out its ISA on November 30th (next Thursday) to all current investors. The lender reported that the ISA launch means that investors will soon be able to earn “attractive, stable returns tax-free.” Funding… Read More

Online Lender Funding Circle Releases FY 16 Results

On Wednesday, online lending platform Funding Circle announced its FY results for the year, ending December 31, 2016. While sharing details about the results, Samir Desai, CEO at Funding Circle, stated:  “2016 was another record breaking year for Funding Circle. We were pleased to achieve our… Read More

Funding Circle New Lending Options Go Into Effect

Less than a month after Funding Circle announced the new versions of its existing Autobid and Autosell lending tools, the online lender revealed the new changes have officially gone into effect. It was revealed in a blog post on Monday: “Last month we announced plans… Read More

Seven Years Since Launch: Funding Circle has Supported the Creation of 80,000 New Jobs

Last week, Funding Circle celebrated seven years of operation. Launched in August of 2010, three friends from university concocted the concept of peer to peer lending in support of UK SMEs. That first year of operation saw a mere £2 million in loans originated. Today,… Read More

Funding Circle to Launch New Version of Autobid & Autosell Lending, Investors Will No Longer Be Able to Choose Single Loans

On Monday, Funding Circle announced it is set to launch a new version of its existing Autobid and Autosell lending tools. Funding Circle will be eliminating the option to manually choose which businesses an investor may lend to and which loan parts to sell will be… Read More

Funding Circle Set to Support UK Small Business Growth Through Strategic Partnership With Aegon

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

Funding Circle Revamp: Online Lender Announces New Look & Feel to Platform

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

UK P2PFA: Peer to Peer Lending Rises in Q2

The UK Peer to Peer Finance Association (P2PFA) is out with their 2nd quarter aggregate numbers for their member platforms. Robert Pettigrew, Director of the P2PFA, commented on the release pointing to the quarter over quarter increase in lending; “Comparing the performance of P2PFA platforms… Read More

Funding Circle Teams Up With Just Eat to Offer Discounted Business Loans to Takeaway Restaurants

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

Funding Circle Germany Takes a Fresh Start

  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