Tagged: funding circle

UK Peer to Peer Lending Index Launched by AltFi

AltFi Data has launched the first Index to track the returns available from the UK peer to peer and marketplace lending industry. The Liberum AltFi Returns Index (LARI) is described as accurately tracking peer to peer lending returns using complete loan-by-loan cash flows provided by the major platforms. Currently, the Index… Read More

Funding Circle Passes £500 Million in Loans for Small Business

UK based business lender Funding Circle has reached a new milestone in peer to peer lending.  The 4 1/2 year old company has now topped £500 million in loans that have been provided for over 7000 UK SMEs in need of finance.   It took just shy of 4… Read More

Funding Circle Fires UP Fractional Loans. P2P Lender Claims First in US Market

Funding Circle, a small business loan marketplace, has claimed “first’ in offering individual investors the opportunity to invest in secured fractional small business loans with the launch of its new Fractional Loan Marketplace. Now individual investors may purchase fractional loans ranging in size from $25,000 to… Read More

Peer to Peer Lenders & RBS Join Forces to Fund UK Businesses; Chancellor of the Exchequer George Osborne Welcomes P2P Partnership

The Royal Bank of Scotland has struck an arrangement with leading peer to peer lenders Funding Circle and Assetz Capital that should give UK small business a boost.  RBS announced it will now formally refer small business borrowers to P2P lenders.  The strategic shift is… Read More

Funding Circle Partners with Herefordshire Council to Boost Local Economic Growth

Funding Circle, a business oriented peer to peer lending platform, has signed onto a new partnership with local government Herefordshire Council to launch a “pioneering” agreement.  The new partnership is designed to boost local economic growth and job creation via improved access to business finance…. Read More

Funding Circle Runs Stress Test on Platform

Peer to peer lender Funding Circle recently tested their own platform to see how things would shake out during “adverse economic conditions”.  As we all know economies ebb and flow through an endless cycle of growth and retrenchment.  The “Great Recession” was an extreme example… Read More

Brief: Co-Founder & Chief Executive of Funding Circle Comments on Lending Club’s IPO Announcement

Earlier this morning, Crowdfund Insider reported that Lending Club, the largest peer to peer lender in the world, announced it will finally be listing shares today as its public offer trades on the New York Stock Exchange. The platform’s IPO will be  trading under the symbol… Read More

Funding Circle: £132 Million Will Be Invested Into UK Small Businesses via KLS Diversified Asset Management

New York based KLS Diversified Asset Management has agreed to invest £132 million in loans to small business originated via peer to peer lender Funding Circle.  The loans will be from a private fund managed by KLS and will provide a “further injection of much… Read More

PWC & Funding Circle form UK Partnership

UK based peer to peer lending platform Funding Circle has announced a partnership with global consulting firm PWC to support more UK businesses access capital.  PWC will now funnel small business clients seeking funding to Funding Circle.  This is similar  to the agreement Funding Circle… Read More

Shire Leasing has received an £80 million boost by the British Business Bank and the private sector.

Shire Leasing, a company that provides lease finance to small businesses, has received an £80 million boost from an investment by the British Business Bank and the private sector.  This is part of a wider UK government policy to make it easier to setup and… Read More

London Tech Sector Booms; Over $1 Billion Raised by Tech Firms in 2014

Peer to Peer Lender Funding Circle Leads Claims Largest Deal for 2014. According to a report from London & Partners, tech in London is booming and setting record levels of investment.  So far for 2014 technology firms have captured over $1 billion in aggregate investment…. Read More

AltFi Awards Recognizes New Financial Innovators

AltFinance News celebrated innovation in finance yesterday with their AltFi Awards 2014. The ceremony was held at the Vinopolis in London and recognized a diverse group financial industry participants including crowdfunding and peer to peer lending sites.  The big winner for the night was RateSetter… Read More

Brief: Funding Circle Adjusts Loan Terms

Peer to peer lending platform Funding Circle (US) has just tweaked their loans as they want to encourage small business to greater advantage of their funding platform.  The P2P lender has adjusted their rates to as low as 8.99% for a two year term loan…. Read More

Funding Circle: The Rise of Peer-to-Peer Lending (Infographic)

Funding Circle is having a birthday today. The peer-to-peer (P2P) lending platform is turning 4 years old.  We would love to share some cake and sing some songs in celebration but unfortunately a few thousand kilometers separate us from the festivities that most certainly are… Read More

Funding Circle Sheds Light on Defaults & Recovery

Funding Circle, a peer to peer lending platform that strives to operate a highly transparent lending business, recently shared some insight into their defaults and recovery side of their company.  Just like any other investment, lending on a P2P platform entails risk.  Investors mitigate risk… Read More

Peer-to-Peer Loan vs. Bank Loan (Infographic)

The below infographic is from the creative crew at Funding Circle (in the UK).  Funding Circle is one of the leaders in the peer to peer (P2P) lending space.  The platform just announced a pretty huge investment to juice their global expansion.  Founded in the… Read More

Funding Circle Facts

Peer to peer lending is super hot right now.  The new approach to providing loans by leveraging technology to match investor with borrower had it’s genesis in the United Kingdom.  Since then it has quickly spread across the globe as compelling efficiencies have been delivered… Read More

Funding Circle Raises $65 Million; CEO of Perella Weinberg Joins Board

Funding Circle Announces $65 Million Investment to Fuel International Growth in New Markets.  Funding Circle, one of the pioneers of peer to peer lending, has released dramatic news today stating they have raised $65 million in a series D round funding led by Index Ventures…. Read More

Brief: Funding Circle Reviewing More Loans on a Case by Case Basis

Funding Circle UK recently shared they had adjusted their policy on the types of loans and security required to allow the offer.  The peer to peer lender removed the £150,000 threshold for loans without asset security thus allowing their credit team greater flexibility in assessing and… Read More

Funding Circle CEO Samir Desai Talks P2P Lending (Video)

Peer to Peer lending platform Funding Circle recently signed a partnership with Santander to help small businesses secure loans.   They see this new strategic relationship as a methodology to help bring P2P into the mainstream.  Samir states that about 1/3 of the businesses that… Read More

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