Tagged: funding circle

June 13, 2018 @ 7:49 pm By Samantha Hurst  |  

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

May 14, 2018 @ 11:54 am By Samantha Hurst  |  

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

May 10, 2018 @ 9:50 pm By Samantha Hurst  |  

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

May 4, 2018 @ 2:00 pm By Samantha Hurst  |  

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

April 24, 2018 @ 11:09 am By Samantha Hurst  |  

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

April 3, 2018 @ 12:41 pm By Erin Hobey  |  

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

March 14, 2018 @ 2:27 pm By Samantha Hurst  |  

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

March 8, 2018 @ 8:00 am By Samantha Hurst  |  

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

February 16, 2018 @ 7:46 am By Therese Torris  |  

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

February 14, 2018 @ 2:55 pm By Samantha Hurst  |  

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

February 8, 2018 @ 2:00 am By Therese Torris  |  

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

February 1, 2018 @ 12:44 am By JD Alois  |  

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

January 26, 2018 @ 7:39 am By JD Alois  |  

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

January 2, 2018 @ 7:29 am By JD Alois  |  

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

December 5, 2017 @ 12:30 pm By JD Alois  |  

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

November 24, 2017 @ 8:45 am By Samantha Hurst  |  

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

September 27, 2017 @ 11:59 am By Samantha Hurst  |  

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

September 18, 2017 @ 10:07 am By Samantha Hurst  |  

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

August 21, 2017 @ 3:15 pm By JD Alois  |  

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

August 21, 2017 @ 9:03 am By Samantha Hurst  |  

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