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.

Company Growth (employees)
London, GB
Size (employees)
359 (est)+2%
Funding Circle was founded in 2010 and is headquartered in London, GB

Key People at Funding Circle

Samir Desai

Samir Desai

Co-founder, Chief Executive Officer
Sam Hodges

Sam Hodges

Co-founder, U.S. Managing Director
Lisa Jacobs

Lisa Jacobs

Chief Strategy Officer
Darryl Bowman

Darryl Bowman

Chief Marketing Officer
David Yu

David Yu

Chief Product Officer
Lucy Vernall

Lucy Vernall

General Counsel
James Meekings

James Meekings

Co‑founder, UK Managing Director
Panni Morshedi

Panni Morshedi

CE Managing Director
Pam Burton

Pam Burton

UK Chief Operating Officer
Jerome Le Luel

Jerome Le Luel

Chief Risk Officer

Funding Circle Office Locations

Funding Circle has offices in London, San Francisco, Berlin
London, GB
Berlin, DE
San Francisco, US

Funding Circle Metrics

Funding Circle Summary

Founding Date


Total Funding

$413.2 m

Latest funding size

$100 m

Time since last funding

2 months


We estimate that Funding Circle's latest funding round in January 2017 was $100 m. In total, Funding Circle has raised $413.2 m

Funding Circle Financials

We estimate that Funding Circle's revenue is £5.3 m in FY, 2013 which is a 54.9% decrease from the previous period.
FY, 2013FY, 2014FY, 2015


£5.3 m£11.8 m£23.8 m

Revenue growth, %


Cost of sales

£1.2 m£2.6 m£6 m

Gross profit

£4.2 m£9.3 m£17.8 m

Gross profit Margin, %


Operating expense total

£8.5 m£19.7 m£35.4 m

Funding Circle Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ZencapOctober 20, 2015
LeapPayAugust 26, 2014
Endurance Lending NetworkOctober 25, 2013
We estimate that Funding Circle's current employees are approximately 30% female and 70% male.

Funding Circle Online Presence

Funding Circle News

Funding Circle Company Life

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