Funding Circle

OverviewSuggest Edit

Funding Circle is a company developing an SME (small and medium enterprise) lending platform that enables small businesses to access finance directly from investors. It allows investors to lend small amounts to creditworthy businesses. In turn, the platform enables businesses to borrow from a range of people through an auction mechanism.
TypePublic
Founded2010
HQLondon, GB
Websitefundingcircle.com
Employee Ratings4.1
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2021)804(-11%)
Job Openings11
Revenue (FY, 2021)£235.5 M(+128%)
Share Price (Aug 2022)£0.4
Cybersecurity ratingBMore
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Key People/Management at Funding Circle

Lisa Jacobs

Lisa Jacobs

Chief Executive Officer
Swati Lay

Swati Lay

Chief Technology Officer
Alexander Allen

Alexander Allen

UK Managing Director
Oliver White

Oliver White

Chief Financial Officer, Director
Belkacem Krimi

Belkacem Krimi

Chief Risk Officer
Lucy Vernall

Lucy Vernall

Company Secretary, General Counsel and Chief People Officer, Director
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Funding Circle Office Locations

Funding Circle has offices in London, Denver, Berlin and Amsterdam
London, GB (HQ)
71 Queen Victoria St
Berlin, DE
Bergmannstraße 72
Amsterdam, NL
Strawinskylaan 631 World Trade Center
Denver, CO, US
707 17th St #2200
Show all (4)

Funding Circle Financials and Metrics

Funding Circle Revenue

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View revenue for all periods
Funding Circle's revenue was reported to be £235.5 m in FY, 2021
GBP

Revenue (FY, 2021)

235.5m

Gross profit (FY, 2021)

235.6m

Gross profit margin (FY, 2021), %

100%

Net income (FY, 2021)

61.2m

EBITDA (FY, 2021)

82.9m

EBIT (FY, 2021)

65.1m

Market capitalization (1-Aug-2022)

133.4m

Closing stock price (1-Aug-2022)

0.4

Cash (31-Dec-2021)

224.0m

EV

146.8m
Funding Circle's current market capitalization is £133.4 m.
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

141.9m167.4m103.7m235.5m

Gross profit

141.9m167.4m103.7m235.6m

Gross profit Margin, %

100%100%100%100%
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

81.4m101.2m120.6m

Gross profit

81.4m101.2m120.6m

Gross profit Margin, %

100%100%100%
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Cash

333.0m164.5m103.3m224.0m

Accounts Receivable

1.2m900.0k1.6m1.8m

Prepaid Expenses

6.0m4.2m3.6m4.8m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

270.0m131.2m168.1m

Accounts Receivable

27.8m54.0m58.9m
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(50.9m)(84.2m)(108.1m)64.1m

Depreciation and Amortization

12.5m14.9m29.2m13.9m

Accounts Payable

6.1m700.0k13.0m1.4m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Net Income

(30.8m)(115.1m)35.4m

Depreciation and Amortization

7.1m8.2m8.3m

Accounts Payable

6.2m4.8m19.6m
GBPFY, 2018

Revenue/Employee

192.0k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.1 x
Show all financial metrics

Funding Circle Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

Loans Under Management

£845.6 m£1.37 b£2.11 b£3.15 b£3.54 b£3.7 b£3.72 b£4.21 b£4.93 b

Loans Originated

£727.65 m£1.07 b£1.74 b£2.29 b£1.19 b£2.4 b£1.11 b£2.74 b£1.64 b

Loans Under Management (UK)

£653.2 m£1.03 b£1.58 b£2.18 b£2.58 b£2.57 b£3.27 b£4.07 b

Loans Under Management (UK), units

12.16 k18.83 k30.35 k

Funding Circle Acquisitions / Subsidiaries

Company NameDateDeal Size
ZencapOctober 20, 2015
LeapPayAugust 26, 2014
Endurance Lending NetworkOctober 25, 2013
FC Capital US, LLC
FC Depositor US LLC
FC Forderungsmanagement GmbH
FC Marketplace, LLC
FC Partners, LLC
FC Partners, LP
Funding Circle Asset Finance Limited
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Funding Circle Revenue Breakdown

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Funding Circle revenue breakdown by business segment: 48.8% from TRANSACTION, 20.0% from SERVICING, 29.7% from NET INVESTMENT INCOME and 1.5% from Other

Funding Circle revenue breakdown by geographic segment: 72.1% from UNITED KINGDOM, 26.7% from UNITED STATES OF AMERICA and 1.1% from Other

Funding Circle Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Funding Circle Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Funding Circle Online and Social Media Presence

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Funding Circle Company Culture

  • Overall Culture

    A-

    80/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A

    83/100

  • Diversity

    B+

    81/100

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Funding Circle News and Updates

Funding Circle names Bruno Tavares VP, engineering

Funding Circle, the UK’s largest small business loan platform, announces the appointment of Bruno Tavares as VP of Engineering.

Funding Circle enhances employee benefits with £500 ‘Money To Do More’ allowance

This month, Funding Circle, the UK’s largest small business loan platform, has refreshed its ‘Money To Do More’ scheme with enhanced benefits for Funding Circle employees, known as Circlers.

Funding Circle and Magnetar Capital UK announce new lending partnership

The partnership will leverage Funding Circle’s machine learning capabilities to deploy more than £300m funding to UK small businesses

Funding Circle appoints new Managing Director to lead FlexiPay expansion

Funding Circle, the UK’s largest small business loan platform, announces the appointment of Jerome Fernandez as Managing Director, FlexiPay.

Funding Circle appoints new Director of Communications

Funding Circle, the UK’s largest small business loan platform, has appointed Abigail Whittaker as its new Director of Communications.

The partnership will leverage the platform's machine learning capabilities to deploy new funding to UK small businesses over a two-year period.

The partnership will leverage the platform's machine learning capabilities to deploy new funding to UK small businesses over a two-year period.
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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 Lisa Jacobs, Swati Lay and Alexander Allen.

  • How many employees does Funding Circle have?

    Funding Circle has 804 employees.

  • What is Funding Circle revenue?

    Latest Funding Circle annual revenue is £235.5 m.

  • What is Funding Circle revenue per employee?

    Latest Funding Circle revenue per employee is £292.9 k.

  • Who are Funding Circle competitors?

    Competitors of Funding Circle include iwoca, Zopa and SoFi.

  • 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, Denver, Berlin and Amsterdam.

  • How many offices does Funding Circle have?

    Funding Circle has 4 offices.