Funding Circle

 People lend small amounts to multiple creditworthy businesses to spread their risk. In turn, those businesses borrow from a multitude of people through an auction mechanism to get a lower interest rate.

Lenders are able to loan specifically to businesses in their community or businesses that meet certain criteria, such as being environmentally friendly.

Small businesses will initially be able to apply for unsecured loans of £5-50k. The businesses are checked for fraud and must meet a number of minimum credit requirements verified by the UK's leading credit agency. Experienced underwriters then further analyse and screen businesses before allowing them onto the Funding Circle platform.

London, GB
307 (est)
Funding Circle was founded in 2010 and is headquartered in London, GB

Key People at Funding Circle

James Meekings

James Meekings

Co-founder and Director
Samir Desai

Samir Desai

Co-founder and Director
Brian L Shields

Brian L Shields

Partnership Development
Andrew Mullinger

Andrew Mullinger

Co-founder and Director
Sam Hodges

Sam Hodges

Managing Director

Funding Circle Locations

London, GB
San Francisco, US
Berlin, DE

Funding Circle Metrics

Funding Circle Summary

Founding Date


Total Funding

$273 M

Latest funding size

$150 M

Time since last funding

over 1 year


Funding Circle's latest funding round of $150 M was in April 2015. In total, Funding Circle has raised $273 M.

Funding Circle Financials

Funding Circle's revenue was £23.8 M in FY, 2015 which is 100.95% increase from the previous period.
FY, 2013FY, 2014FY, 2015


£5.34 M£11.8 M£23.8 M

Revenue growth, %


Cost of sales

£1.17 M£2.58 M£6.04 M

Gross profit

£4.17 M£9.26 M£17.8 M

Gross profit Margin, %


Operating expense total

£8.46 M£19.7 M£35.4 M
30% of current employees of Funding Circle are female and 70% are male.

Funding Circle Online Presence

Funding Circle News

Funding Circle Company Life

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