Tagged: funding circle

dv01 Announces Reporting Partnership with Funding Circle

dv01, a platform that connects online lenders and investors with data management, announced on Thursday it has formed a reporting partnership with leading peer-to-peer (P2P) lender, Funding Circle. dv01 revealed that through its partnership with Funding Circle, institutional investors who use dv01 to conduct analysis… Read More

Funding Circle Trades on London Stock Exchange, Shares Drop in Price

Funding Circle lobby

Funding Circle (LSE:FCH), the leading online lender in the UK providing financing options for SMEs, completed its initial public offering (IPO) on the London Stock Exchange (LSE) this past week. Shares began unconditionally trading today (October 3rd). Originally priced at 440 pence per share, Funding… Read More

Funding Circle Sets Share Price at Low End of Range, Raises Gross Proceeds of £300 Million

Samir Desai

Funding Circle has set the share offer price at the low end of the range, according to a note published by the company. Previously, Funding Circle had announced it would offer up to 136,039,416 shares at a price between 420 pence to 530 pence per share…. Read More

UK Fintech Unicorn: Funding Circle Preps for Initial Public Offering

Funding Circle Founders

Funding Circle is a Fintech darling in the UK. The peer to peer lending platform is archetypal of this sector of Fintech that originated in Great Britain. Today, Funding Circle is the largest online lender in the UK having passed Zopa (mainly a consumer lender), in… Read More

P2P Lending: Funding Circle Moves Forward with Initial Public Offering

The long rumored initial public offering (IPO) of UK based Funding Circle appears to be on track and moving forward with a listing on the London Stock Exchange later this year. In a blog post today, Funding Circle stated; “Today we have announced the next… Read More

German SME Crowdfunding Passes the €500 Million Mark

Early-days monitor of the German crowdfunding market, Crowdfunding.de announced in its latest quarterly report that Germany passed the half billion-euro mark in cumulated in SME crowdfunding at the end of June 2018. The report monitors only equity crowdfunding and crowdlending on marketplaces open to German… Read More

Funding Circle Expands Partnership With INTRUST Bank to Support More U.S. Small Businesses

Online lending platform Funding Circle announced on Tuesday it has expanded its strategic partnership with U.S. regional bank INTRUST Bank to support the growth of small businesses in the U.S. The lender reported that following the successful launch of the partnership earlier this year, the… Read More

UK P2PFA Responds to Criticism Leveled by LendingCrowd Regarding Change in Loan Data Requirements

Last week, LendingCrowd CEO and cofounder Stuart Lunn published a pointed blog post addressing recent changes to the “operating principles” as set forth by the UK Peer to Peer Finance Association (P2PFA). LendingCrowd is currently not a member of the P2PFA. Lunn stated in the post;… Read More

Report: Funding Circle Lending Unlocked 45,000 British Jobs in 2017

Funding Circle has announced that a new report produced by Oxford Economics revealed that lending through its platform unlocked 45,000 jobs in the UK in 2017. Globally this number jumps to 75,000 across all four of the Funding Circle markets. Overall, Funding Circle’s platform contributed £2.4… Read More

Funding Circle Announces New Borrower Referral Incentive

On Monday, Funding Circle announced it is now offering £1,500 in Amazon vouchers to those who recommend its platform to new customers. The online lender also reported that the new customer will receive a £100 Amazon voucher as well.  To get their vouchers, customers need… Read More

Funding Circle Appoints Cath Keers As New Non-Executive Board Member

On Thursday, Funding Circle announced it has appointed Cath Keers as its new non-executive board member. According to the online lender, Keers has more than three decades of professional and leadership experience within the retail, consumer, digital, and technology sectors. She currently serves as a Non-Executive… Read More

European Investment Fund & German Development Bank KfW Invest in UK Small Businesses Through Securitization of Loans Originated By Funding Circle

On Thursday, Funding Circle announced the European Investment Fund, part of the European Investment Bank Group, and KfW, a German Promotional Bank, are supporting UK small businesses through their investment in a securitization of loans originated by the Funding Circle online lending platform. According to… Read More

Funding Circle Opens Innovative Finance ISA to New Investors

Small business lending platform Funding Circle announced last week it has opened its Innovative Finance ISA (IFISA) to new investors. The online lender reports that the Funding Circle ISA now offers a tax-free projected return of 7.2% or 4.8% per year. to quickly build a… Read More

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

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