Funding Circle Company Updates | Glassdoor

Company Updates

  • Funding Circle's fund unveils Citibank deal

    FUNDING Circle's listed fund has inked a deal with Citibank, whereby the financial institution indirectly channels £50m to small businesses through the peer-to-peer lending platform. The transaction was announced by the Funding Circle SME Income Fund (FCIF) on Wednesday.

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    INTRUST Bank Offers SMB Loans On Funding Circle | PYMNTS.com

    Alternative small business (SMB) lending platform Funding Circle has announced a new partnership with a traditional lender. Community financial institution (FI) INTRUST Bank is working with the SMB lending platform, providing funds for loans originated on Funding Circle, the companies said Thursday (Jan. 4).

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    London was top destination for tech funding in 2017: PitchBook

    LONDON (Reuters) - London was the top city in Europe for technology investment last year, with more funding going into companies in the British capital than into firms based in Paris, Berlin and the next seven cities combined, data showed on Friday.

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    The biggest P2P funding deals of 2017

    INSTITUTIONS have become an important source of finance in the peer-to-peer sector and interest from organisations such as state-backed banks and asset managers has grown during 2017. The latest Cambridge Centre for Alternative Finance (CCAF) report on the industry found the role of institutions is on the up, accounting for 25 per cent of property lending, 28 per cent of business lending and 32 per cent of consumer lending, last year.

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    Funding Circle hits €100m lending milestone in Germany

    FUNDING Circle has hit the €100m (£88.2m) loans milestone in Germany just two years after launch in the country. The business lending platform says 3,000 investors have backed 1,100 German businesses and created more than 2,000 jobs since 2015. The platform... #businessloans #fundingcircle #germany

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    ISAs, Brexit, and the 2017 Budget. November industry news - Funding Circle Blog

    In the third quarter of this year, net lending (that's total lending minus repayments) to small businesses through Funding Circle was higher than the entire UK banking system for the first time.* During that time, over 1,700 British businesses were able to access the finance they need to grow and thrive.

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    Data shows increase in demand for alternative finance services

    Data from the Cambridge Centre for Alternative Finance has shown an increase in demand for alternative finance services in the UK. The figures showed growth across the UK's alternative finance market, including crowdfunding, invoice trading, and marketplace lending. The date found a year-on-year rise of 43 per cent in 2016 from £3.2 billion to £4.58 billion.

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    The UK alternative finance market is still healthy

    The UK's alternative finance market - including marketplace lending, crowdfunding, and invoice trading - grew 43% year-over-year (YoY) in 2016, from £3.2 billion ($4.3 billion) to £4.58 billion ($6.17 billion), according to a recently released study from the Cambridge Centre for Alternative Finance.

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    SMBs Drive UK Alternative Finance Growth | PYMNTS.com

    New data from the Cambridge Centre for Alternative Finance (CCAF) found the U.K.'s alternative finance market grew by 43 percent in 2016, and researchers are pointing to small businesses (SMBs) as a key driver of that expansion. According to news from Reuters late last week, the survey, released on Friday (Dec.

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