Tagged: lisa jacobs

UK SMEs Demonstrate Resilience as they Prepare for Future Business Operations, Research Reveals

New research— recently published by Oxford Economics and in partnership with Funding Circle (LSE:FCH), including a detailed survey of Funding Circle customers—reveals UK SMEs’ durability, with 58% of respondents “saying their experience of dealing with the pandemic’s challenges has made their business more resilient.” Over… Read More

Funding Circle Reports FY22 Results, Remains Focused on Global Business Strategy

Funding Circle (LSE:FCH) has published its Preliminary Results for the year ended 31 December 2022. Funding Circle reports Group total income (guidance) of £140m – £155m; £148.7m for FY 2022; and £206.9m for FY 2021. And Adjusted EBITDA (guidance) of Positive Adjusted EBITDA; £6.8m for… Read More

Funding Circle US Appoints New Managing Director

Funding Circle US, a subsidiary of the UK firm Funding Circle (LSE:FCH) has selected a new Managing Director to lead operations. According to a release, Steve Allocca will take over the US operations of the SME online lending platform, reporting directly to Funding Circle CEO… Read More

New CTO at Funding Circle to Lead Innovation Agenda, Product Platform Expansion

Funding Circle (LSE: FCH), which claims to be the United Kingdom’s largest lending platform for small business borrowers, announced the appointment of Greig McEwan as Chief Technology Officer. Greig joins Funding Circle’s Global Leadership Team, “reporting to CEO, Lisa Jacobs.” Greig is “a customer-driven technology leader… Read More

Funding Circle, Bayview Asset Management Announce Lending Partnership

Funding Circle (LSE: FCH), which claims to be the UK’s largest small business lending platform, and Bayview Asset Management, an investment management firm headquartered in Coral Gables, Florida, announced a lending partnership that is “targeting the provision of £700m funding to small businesses over an 18… Read More

Funding Circle Reports £1.5M in Operating Profit

Funding Circle, which claims to be the United Kingdom’s largest small business loan platform, has announced its results for the six months “ended 30 June 2022.” As noted in an update shared with CI, Funding Circle delivered “a financial performance ahead of expectations, finishing the… Read More

Funding Circle Appoints New MD to Lead FlexiPay Expansion

Funding Circle recently appointed a new Managing Director to lead FlexiPay expansion. Funding Circle, which claims to be one the UK’s largest small business loan platforms, confirmed the appointment of Jerome Fernandez as Managing Director, FlexiPay. FlexiPay is described as “the first short-term finance product… Read More

UK’s Funding Circle and Waterfall Asset Management Launch £1B Lending Partnership

The partnership will leverage the platform’s machine learning capabilities “to deploy new funding to UK small businesses over a two-year period.” Funding Circle, which claims to be the UK’s largest small business loan platform, and Waterfall, an institutional asset manager, recently announced their lending partnership… Read More

Change at the Top: Funding Circle Founder Samir Desai Steps Aside as Lisa Jacobs to Become CEO

Lisa Jacobs, Managing Director of Funding Circle UK  (LSE: FCH)  will succeed Samir Desai CBE as Chief Executive Officer beginning January 1st, 2022. The news was revealed today alongside Funding Circle’s financial results. Jacobs joined Funding Circle in September 2012 as Chief Strategy Officer. Prior… Read More

Funding Circle Launches FlexiPay BNPL Payments Solution

Funding Circle, an online lender for SMEs, has launched a buy now, pay later (BNPL) payments product thus expanding its set of Fintech services. In a release, Funding Circle announced FlexiPay in a move to “revolutionize” the £1 trillion payments market. Funding Circle says that… Read More

Funding Circle the 5th Largest CBILS Lender

Funding Circle (LSE: FCH) has emerged as the 5th largest Coronavirus Business Interruption Lending Scheme (CBILS) originator, according to the company Funding Circle is a top Fintech lender serving the SME market in the UK and several other countries. During its most recent earnings release, Funding… Read More

UK SME Lender Funding Circle Is Reevaluating whether to Leverage Open Banking to Improve Customer Experience

Funding Circle lobby

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the US and parts of Europe, says it’s reevaluating whether it should begin leveraging Open Banking technology. The company claims that it has managed to improve its customer experience, and would now like… Read More

SME Lender Funding Circle Reports that Millions of UK Consumers have Switched to Local Businesses

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the US and parts of Europe, recently noted that as the Coronavirus-related lockdown measures are eased, many businesses in the United Kingdom are preparing to open up again. However, even for businesses that… Read More

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