Tagged: funding circle

February 19, 2016 @ 2:15 pm By Samantha Hurst  |  

On Thursday, Business Insider UK announced its 100 Coolest People in UK Tech list. Among those who were named were CEO of Funding Circle Samir Desai, CEO/co-founder of Seedrs Jeff Lynn and Crowdcube co-founders Luke Lang and Darren Westlake. Sharing details about the list, the media outlet revealed:… Read More

February 4, 2016 @ 4:42 am By Erin Hobey  |  

During the past two years, eight companies in Index Ventures’ portfolio went public, including Pure Storage, King, Just Eat and Hortonworks, while many others expanded significantly, including Funding Circle,Adyen, BlaBlaCar, Deliveroo, Slack and Sonos. Seven out of 10 Index’s investments originated at Seed or Series… Read More

February 2, 2016 @ 4:43 pm By JD Alois  |  

The Bank of England has published its periodic update on lending and, according to their to numbers, loans to non-financial businesses decreased by £3.7 billion in December 2015. This is compared to an average monthly decrease of £0.3 billion over the previous six months. The… Read More

January 28, 2016 @ 10:27 am By JD Alois  |  

  As marketplace lending grows and matures it is natural, even expected, for policy makers and regulators to stand up and take notice. While in the overall world of finance direct online lenders are still relatively small, more and more frequently amounts are measured in… Read More

January 15, 2016 @ 10:03 am By JD Alois  |  

The Innovative Finance ISA is a huge opportunity for the peer to peer lending industry.  Yet the introduction of the new ISA also highlights an ongoing issue for P2P platforms: The profound need to inform and educate potential investors and advisors of their services. Sure… Read More

January 7, 2016 @ 2:30 pm By Therese Torris  |  

Lendix, one of the 60 companies who joined the fray of crowdlending platforms in 2015 has quickly taken the leadership position by designing a marketplace that meets the needs of institutional investors. Marketplace lending to small and medium size enterprise (SMEs) is taking off in… Read More

December 31, 2015 @ 7:10 am By JD Alois  |  

In a sign that Fintech has entered the realm of the establishment two leading entrepreneurs have been recognized by the Queen of England in the annual Honours List which was published yesterday. Samir Desai, co-founder and CEO of Funding Circle, has been honoured as a… Read More

December 24, 2015 @ 8:50 am By JD Alois  |  

Funding Circle has revealed in a series of tweets that the company has just topped £1 billion in lending in the UK. The US and Europe add about £250 million. The milestone was foreshadowed in a Funding Circle blog post yesterday stating that 7,250 UK… Read More

December 2, 2015 @ 12:21 am By JD Alois  |  

The king of banks, JP Morgan Chase, has decided to partner with a so-far unnamed peer to peer / marketplace lending platform as it seeks to adapt to the fast changing sector of online finance.  CEO Jamie Dimon, speaking on a panel at a US… Read More

November 24, 2015 @ 11:55 am By Samantha Hurst  |  

AlliedCrowds, has published a new Crowdfunding for Entrepreneurship report as part of Global Entrepreneurship Week.  The data analysis company stated: “Crowdfunding is no longer just a niche form of financing for creative projects. In 2015, transactions across donations, lending, reward, and equity crowdfunding is expected to cross $34… Read More

November 22, 2015 @ 6:06 pm By JD Alois  |  

LendingRobot announced a new partnership this past week. Funding Circle, an SME marketplace lending platform, is now available to investors using LendingRobot’s auto investment service which previously listed Lending Club and Prosper loans. LendingRobot CEO Emmanuel Marot stated the addition demonstrated their platform was “extensible… Read More

November 16, 2015 @ 2:10 pm By Samantha Hurst  |  

AltFi, a media outlet for alternative finance, recently announced the winners of this years AltFi Awards. Among the winners were Funding Circle and SyndicateRoom. It was noted that this year AltFi split the award categories into three sections: Industry, Small Business & Investor. “For the industry… Read More

November 16, 2015 @ 10:00 am By Georgia Quinn  |  

At a time when some are claiming that marketplace lending has not gone far enough to challenge the traditional banking system, Sam Hodges and Funding Circle have quietly proven that steadily acting on your principles and advancing your mission, can achieve meaningful change. It had… Read More

November 12, 2015 @ 9:38 am By JD Alois  |  

Two UK councils have partnered with peer to peer lending platform Funding Circle on a £2 million deal designed to assist local businesses access capital. Babergh and Mid Suffolk Councils will commence lending via Funding Circle this week.  Each council will channel £1 million for… Read More

November 7, 2015 @ 12:38 pm By Spencer Li  |  

  Last month I attended LendIt Europe in London (Oct. 20-21) to learn more about developments in the marketplace lending industry in the UK and in broader continental Europe. LendIt has once again done an excellent job organizing the conference and brought together a wealth… Read More

October 26, 2015 @ 4:22 pm By Samantha Hurst  |  

Bizfi, the premier fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses announced that it originated more than $127 million in business financing in the third quarter of 2015. This represents a double-digit percent increase in originations compared… Read More

October 23, 2015 @ 1:42 pm By Therese Torris  |  

Part II: Seen & Heard at Lendit Europe If you missed attending Lendit Europe, you missed a great event. You can catch up on a selection of presentations on Lendit . For short skimming, we’ve selected a few thought-provoking quotes from day 2. You may also… Read More

October 20, 2015 @ 3:43 am By JD Alois  |  

Funding Circle, the leading UK SME marketplace lending platform, has dramatically increased its footprint with the acquisition of Zencap. Funding Circle will now operate in Germany, Spain and the Netherlands. Funding Circle already has a significant operation in the US. Funding Circle representatives state this… Read More

October 1, 2015 @ 3:34 pm By JD Alois  |  

  As the Marketplace Lending industry begins to mature, awareness is growing across the population.  More and more consumers realize they may be able to save time, and money, by doing a greater portion of their banking online. Lending Club, the largest Marketplace Lending platform… Read More

September 28, 2015 @ 11:58 am By Samantha Hurst  |  

Crowdnetic, a provider of technology and market data solutions to the marketplace lending industry, today announced the launch of “Marketplace Lending Gateway” (“Gateway”), a centralized technology platform that connects loan applicants from banks and retailers to alternative funding sources through a real-time matching and allocation… Read More