OverviewSuggest Edit

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.

... Show more
TypePublic
Founded2010
HQLondon, GB
Websitefundingcircle.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Oct 2018)1,015
Job Openings131
Revenue (FY, 2017)£94.5 M(+86%)

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
Show more

Funding Circle Office Locations

Funding Circle has offices in London, Manchester, San Francisco and Berlin
London, GB (HQ)
71 Queen Victoria St
Berlin, DE
30 Schreiberhauer Str.
San Francisco, US
747 Front St
Show all (4)
Report incorrect company information

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
Show all financial metrics

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
Show all operating metrics

Funding Circle Acquisitions / Subsidiaries

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

Funding Circle Revenue Breakdown

Embed Graph

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

Human Capital Metrics

Embed Graph
Show all human capital metrics
Report incorrect company information

Funding Circle Online and Social Media Presence

Embed Graph
Report incorrect company information

Funding Circle News and Updates

Funding Circle Plunges as Citi's Rapid Downgrade Adds to Worries

Funding Circle Plunges as Citi's Rapid Downgrade Adds to Worries

Hedge Fund Boosts U.K. Bet With $1.3 Billion Funding Circle Deal

Hedge Fund Boosts U.K. Bet With $1.3 Billion Funding Circle Deal

British Business Bank to lend SMEs £150m through Funding Circle

The British Business Bank today announces a commitment of up to £150m for lending to UK small busine...

British Business Bank partners with Funding Circle in £150m boost for small firms

The British Business Bank has announced a commitment of up to £150m for lending to SMEs through loan platform Funding Circle. The transaction, made through the bank’s ENABLE Funding programme, is forecast to support the growth of over 2,000 small businesses in the UK. The facility will offer senior …

Funding Circle survey reveals that despite Amazon's holiday dominance, majority of Prime members plan to support their local small businesses this season

SAN FRANCISCO, Nov. 13, 2018 /PRNewswire/ -- Funding Circle, the global small business loans platform, today published the results of a survey on US consumers' support for small businesses. It reveals that even as consumers do more of their holiday shopping online, 3 in 4 Amazon Prime...

Peer-To-Peer (P2P) Lending Market 2019, Demand , Global Scope, Deep Analysis, & Industry Size, Forecast 2025 and Key Players CircleBack Lending, Lending Club, Peerform, Prosper, Upstart, Borrowers First, Daric, Funding Circle, Pave, SoFi and others.

Report Forecast 2019-2025 is a valuable source of insightful data for business strategists. It provides the Peer-to-peer lending industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate de…
Show more
Report incorrect company information

Funding Circle Company Life and Culture

Report incorrect company information

Funding Circle Frequently Asked Questions

  • When was Funding Circle founded?

    Funding Circle was founded in 2010.

  • Who are Funding Circle key executives?

    Funding Circle's key executives are Darryl Bowman, Pam Burton and Samir Desai.

  • How many employees does Funding Circle have?

    Funding Circle has 1,015 employees.

  • What is Funding Circle revenue?

    Latest Funding Circle annual revenue is £94.5 m.

  • What is Funding Circle revenue per employee?

    Latest Funding Circle revenue per employee is £93.1 k.

  • Who are Funding Circle competitors?

    Competitors of Funding Circle include SoFi, Arthena and Lendi.

  • Where is Funding Circle headquarters?

    Funding Circle headquarters is located at 71 Queen Victoria St, London.

  • Where are Funding Circle offices?

    Funding Circle has offices in London, Manchester, San Francisco and Berlin.

  • How many offices does Funding Circle have?

    Funding Circle has 4 offices.