Funding Circle - News, Articles & Research

Funding Circle moves into embedded finance

Funding Circle has moved into the embedded finance market, providing third party firms with a single API to offer loans of up to £500,000 to small businesses within their own website.

02 December 2021

News/people

Funding Circle CEO Samir Desai steps down

Funding Circle CEO Samir Desai is stepping down, to be replaced by the small business lender's UK managing director Lisa Jacobs.

10 September 2021

News/wholesale

Funding Circle launches BNPL product for business loans

Small business lender Funding Circle has launched its first payment facility, FlexiPay, empowering customers with the ability to buy now pay later on any expense.

02 September 2021

Company announcement/retail

Funding Circle and Atom form £300m SME lending partnership

Funding Circle, the UK’s largest small business loan platform, and Atom, the UK’s first app-based bank, today announce a lending partnership that will provide £300m of new funding to small businesses.

28 May 2021

Company announcement/wholesale

British Business Bank ploughs £30 million into Funding Circle's UK SME Direct Lending Fund

British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £30 million commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund.

05 November 2020

Company announcement/wholesale

New lenders accredited to UK corona loan schemes

Today the British Business Bank has announced that it has approved Funding Circle for accreditation to the Bounce Back Loan Scheme (BBLS), and Maven Capital Partners and Satago for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS).

08 July 2020

News/covid-19

Nick Ogden: Alternative lending sector must be harnessed by UK government schemes

Involving the alternative lending sector is the key to addressing the problem of distributing government loans and other support to businesses struggling as a result of the Coronavirus lockdown, according to the founder of ClearBank and RTGS Global Nick Ogden.

14 May 2020

Company announcement/payments

Funding Circle becomes the first newly accredited marketplace lending platform under CBILS

Funding Circle, the small business loans platform, has today been approved for accreditation by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS), term loan variant.

17 April 2020

News/payments

Funding Circle retreats from Europe; lays off 125 staff

P2P lender Funding Circle is to lay off 125 staff as it scales back its European operations after booking a £34.3m writedown related to its Dutch and German divisions.

13 March 2020

News/startups

Funding Circle hits $10bn lending milestone

Funding Circle, the listed peer-to-peer lender, has reached a cumulative global lending milestone of over $10 billion.

16 August 2019

News

Funding Circle share price punished as demand for loans diminishes

Shares in P2P lender Funding Circle have dropped by 25% as the company warns that the uncertain economic outlook has reduced demand for loans.

02 July 2019

Company announcement/retail

Funding Circle expands into Canada

Funding Circle, the leading small business loans platform in the UK, US, Germany and the Netherlands, today announced its plans to enter the Canadian market and expand access to fast, affordable and transparent financing for Canadian small businesses.

07 March 2019