Funding Circle is an online marketplace for business loans, where people and organizations can directly lend to small businesses. The Company enables investors to lend small amounts to multiple creditworthy businesses to spread their risk. In turn, it allows businesses to borrow from a multitude of people through an auction mechanism to get lower interest rates.

TypePublic
HQLondon, GB
Founded2010
Size (employees)1,015 (est)
Websitefundingcircle.com
Funding Circle was founded in 2010 and is headquartered in London, GB
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Key People/Management at Funding Circle

Darryl Bowman

Darryl Bowman

Chief Marketing Officer
Pam Burton

Pam Burton

COO
Samir Desai

Samir Desai

Co-Founder, Chief Executive Officer
Sean Glithero

Sean Glithero

CFO
Lisa Jacobs

Lisa Jacobs

Chief Strategy Officer
Jerome le Luel

Jerome le Luel

Chief Risk Officer
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Funding Circle Office Locations

Funding Circle has offices in Manchester, San Francisco, London and Berlin
London, GB (HQ)
71 Queen Victoria St
Berlin, DE
30 Schreiberhauer Str.
San Francisco, US
747 Front St
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Funding Circle Financials and Metrics

Funding Circle Revenue

Funding Circle's revenue was reported to be £94.50 m in FY, 2017
GBP

Revenue (FY, 2017)

94.5m

Net income (FY, 2017)

(35.3m)

EBITDA (FY, 2017)

(30.1m)

EBIT (FY, 2017)

(36.9m)

Cash (31-Dec-2017)

88.9m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

24.7k505.6k1.9m5.4m13.1m32.0m50.9m94.5m

Revenue growth, %

101%59%

Cost of goods sold

60.3k440.1k1.2m3.0m11.9m

Gross profit

445.3k1.5m4.2m10.1m20.1m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

195.7k1.5m7.3m19.4m35.0m86.3m43.3m88.9m

Accounts Receivable

1.5k2.5k42.6k512.4k850.9k1.7m

Prepaid Expenses

1.1m2.3m

Current Assets

227.9k1.6m7.8m20.3m42.7m99.5m56.4m105.4m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(518.0k)(1.3m)(4.1m)(5.1m)(19.4m)(35.3m)

Depreciation and Amortization

1.3m4.2m

Accounts Payable

1.4m(870.0k)

Cash From Operating Activities

(3.9m)(4.9m)(18.9m)(35.4m)(40.0m)(22.6m)
GBPY, 2017

Revenue/Employee

250.1k

Financial Leverage

1.1 x
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Funding Circle Operating Metrics

FY, 2015FY, 2016FY, 2017Q1, 2018

Loans under Management

£845.60 m£1.37 b

Loans Originated

£727.65 m£1.07 b

Loans under Management (UK)

£653.20 m£1.03 b£1.58 b£1.79 b

Loans under Management (UK), units

12.16 k18.83 k30.35 k33.74 k
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Funding Circle Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ZencapOctober 20, 2015
LeapPayAugust 26, 2014
Endurance Lending NetworkOctober 25, 2013

Funding Circle Revenue Breakdown

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Funding Circle revenue breakdown by geographic segment: 77.2% from UK and 22.8% from Rest of the World

Human Capital Metrics

Funding Circle's employees are reported to be approximately 37% female and 63% male.
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Funding Circle Online and Social Media Presence

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Funding Circle News and Updates

Funding Circle reports first quarter as a listed company

Funding Circle Holdings plc (“Funding Circle” or the “Company”), the leading small and medium enterp...

Peer-to-Peer Lending 2018 Global Market Key Players - Peerform, Funding Circle Limited, Prosper Marketplace, Inc., Zopa Limited, CommonBond Inc., Upstart Network Inc.......

Peer-to-Peer Lending – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Funding Circle IPO continues Index Ventures’ bonkers 2018: 8 exits and $1.65 billion in new funds

As if Index Ventures wasn’t already on fire this year, the venture capital firm saw yet another exit from one of its portfolio companies today. The latest celebration is for Funding Circle, whose IPO on the London Stock Exchange valued the London-based fintech company at $2 billion and raised $391 m…

Funding Circle raises £300 million, with a valuation of £1.5 billion in stock exchange debut

London Stock Exchange Group (LSEG) today welcomes global small business loans platform Funding Circl...

Funding Circle makes lacklustre $2 billion London debut in test of demand

LONDON (Reuters) - Funding Circle struggled to shine on its 1.5 billion pound ($2 billion) market debut on Friday as the British peer-to-peer lending platform tested investor appetite for both large listings and financial technology firms.

Lending platform Funding Circle raises £300M in London IPO, valuing it at £1.5B, as investor interest cools

Another fintech startup has made the leap into publicly-traded company: Funding Circle, the peer-to-peer lending platform for small and medium businesses that was originally founded in the UK, opened for trading today on the London Stock Exchange. It was a positive, if not stratospheric, debut. Trad…
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Funding Circle Company Life and Culture

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