Tagged: funding circle

July 5, 2014 @ 10:00 am By JD Alois  |  

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

July 5, 2014 @ 7:31 am By JD Alois  |  

UK based Funding Circle shared last week that their platform has topped £300 million in loans in just under 4 years.  Over £100 million has been lent via the site during the first 6 months of 2014 alone indicating significant momentum for the company.  These… Read More

June 26, 2014 @ 7:10 am By Georgia Quinn  |  

In the wake of Dodd-Frank and the financial crisis, peer-to-business lending or “P2B” is stepping up to fill the funding gap for small and startup businesses. What is P2B  you may ask and how does it differ from P2P lending? Well, pretty simply, P2B is… Read More

June 19, 2014 @ 11:35 am By JD Alois  |  

Peer to peer lending platform Funding Circle has announced a new partnership with global banking giant Santander.  The new arrangement is designed to give small UK businesses greater access to capital  The gist of the relationship is that Santander will proactively refer small business customers looking… Read More

June 11, 2014 @ 8:02 am By JD Alois  |  

Peer to peer lender Funding Circle has fired up their new risk tiers that were previously announced this past May.   Funding Circle connects accredited investors with small business owners in need of funding.  Traditionally these borrowers have had greater difficulties in finding loans.  The new… Read More

May 19, 2014 @ 9:02 am By JD Alois  |  

Equity crowdfunding platform Crowdcube has been joined by peer to peer (P2P) lenders Zopa and Funding Circle in being recognized by the Smarta Breakthrough 50 awards. These awards, sponsored by Santander, are designed to “shine a light” on the most inspiring businesses in the United Kingdom…. Read More

May 13, 2014 @ 9:47 am By Georgia Quinn  |  

United Kingdom & the United States See Incredible Growth in Peer to Peer Lending Industry. With all of the hype around equity crowdfunding the silent counterpart of peer-to-peer lending has been quietly growing into a significant and disruptive industry. In fact, some industry followers expect… Read More

May 5, 2014 @ 3:00 pm By JD Alois  |  

P2P Platform Has Hit $500 Million Milestone. Peer to Peer portal Funding Circle has announced it will introduce a new risk tier that will allow the company to serve a quarter more of its U.S. small business loan applicants.   Funding Circle connects business owners with… Read More

May 2, 2014 @ 7:35 am By JD Alois  |  

The Ranger Specialty Income Fund will begin investing in crowdfunded small business loans through a relationship with Funding Circle USA. The fund wants to provide both domestic and international investors with attractive yields and monthly cash flow attributable to investments in the peer to peer… Read More

March 12, 2014 @ 9:57 am By Charles Luzar  |  

Seven of the UK’s largest crowdfunding platforms have teamed up to launch alternativebusinessfunding.co.uk, a new web portal aimed at providing SMEs with “a free and easy way for SMEs to find alternative business funding.” Crowdcube, Seedrs, Zopa, Funding Circle, MarketInvoice, Platform Black and Pensionledfunding.com are… Read More

March 6, 2014 @ 9:49 am By JD Alois  |  

Peter Renton has been informing the world about the peer-to-peer lending space for some time now. Lend Academy is a great source of deep information on P2P lending and stalwart platforms like Lending Club and Prosper. Renton is now taking his place in the space to the… Read More

January 28, 2014 @ 5:05 pm By JD Alois  |  

Individual Savings Accounts (ISA) are a financial product available to residents of the United Kingdom.  These types of vehicles are used to supplement retirement incomes (somewhat similar to US 401k’s).  Apparently in a meeting held this week between Peer-toPeer (P2P) lenders, ISA industry participants and… Read More

January 14, 2014 @ 11:01 am By JD Alois  |  

In a report filed earlier this week from the Liberum AltFi Index, the crowdfunding industry including both debt and equity, has surpassed the £1 billion “milestone”.  The alternative finance sector categorized as P2P,  equity crowdfunding and invoice lending was quoted at £,028,340,769 as of December… Read More

November 11, 2013 @ 11:05 am By Charles Luzar  |  

Lending-based platform Funding Circle recently shared a breakdown of statistics from October. Among revelations in the post: £12.5 million loaned to UK businesses last month alone. Over £3 million was lent to businesses across the UK last week, contributing to a total of £12.5 million… Read More

October 25, 2013 @ 9:05 am By JD Alois  |  

Over 57,000 UK citizens have joined Funding Circle with over £165 Million lent to British businesses.  Now the Peer-to-Peer platform is getting bigger and they have received $37 Million in a Series C round led by Accel Patners.  Additional investors included Union Square Ventures, Index… Read More

August 19, 2013 @ 9:41 am By JD Alois  |  

Based near Manchester, eMoneyUnion is a Peer to Peer Lending Platform that Serves Non Standard Borrowers in the United Kingdom.  CEO Lee Birkett recently sat down for an interview on Crowdfunding Podcast. eMoneyUnion presents pre-approved borrowers to lenders acting as a peer to peer loan… Read More

May 5, 2013 @ 9:00 am By This Is Money  |  

Demand for alternative sources of finance is rocketing, with figures this weekend showing that lending to small firms through peer-to-peer lending site Funding Circle has passed £100 million. The site, set up less than three years ago, has grown so fast that experts estimate in… Read More

April 29, 2013 @ 4:57 am By BDaily  |  

Peer-to-peer lending models are filling the gap left by banks, suggests a new report from innovation charity, NESTA. ‘Banking on Each Other’ looks at the emerging field of peer-to-peer lending to business and the processes that drive borrowers and lenders to use the platforms. Data… Read More

April 23, 2013 @ 1:37 pm By Forbes  |  

Crowdfunders generally fall into different categories: equity, donation, reward, and debt. The last is also known as microfinancing — and commonly referred to in Europe as “peer-to-peer lending.” Here are the top 10 up-and-coming peer-to-peer lenders e making financial waves in Europe: 1. Zopa –… Read More

January 22, 2013 @ 1:25 am By The Telegraph  |  

Peer-to-peer lending has the potential to kickstart the economy by providing credit for small businesses Despite some encouraging signs, the UK economy remains in trouble. Growth remains weak and confidence fragile. Lending to small and medium businesses – the motor for job creation – has… Read More