Funding Circle is a peer-to-peer lending marketplace that allows investors to lend money directly to small and medium-sized businesses.
Funding Circle is the world’s leading lending platform for small businesses. Ir matches investors with money to lend with businesses looking to fund their next step. Funding Circle was the first website to use the process of peer-to-peer lending for business funding in the UK.
Funding Circle was founded in August 2010 by Samir Desai, James Meekings, Andrew Mullinger, & Angelo Moses Lauria. Funding Circle is headquartered in London, UK and operates in the UK, US, Germany, and the Netherlands.
Funding Circle is one of the best-capitalised lending platforms in the world and listed on the London Stock Exchange (Ticker: FCH) in October 2018. They have raised approximately £550 million since 2010 from some of the largest and most sophisticated investors around. It's backers collectively manage over $5 trillion and are the leading firms behind Facebook, Twitter, Skype and Betfair.
Funding Circle is backed by leading investors including Index Ventures, Accel Partners, DST Global, Temasek Holdings, Ribbit Capital, & Union Square Ventures among others. The company has acquired Zencap, Endurance Lending Network & LeapPay to date. It has also made investments to 121 Rental, WIFIPLUG, EUROPE SHUTTLE & Indigo Clothing.
Funding Circle ranked 13th on the 2017 Fintech100 List.