Company Overview

Business Description

Sector
Financials
Industry
Financial Services
Headquarters
United Kingdom UK
Employees
685
IPO date
Sep 28, 2018

Funding Circle is an online lender focused on small and medium-sized businesses. It helps these companies borrow for working capital, equipment, expansion, and refinancing, using a digital application and credit-check process instead of a branch network. The core customer is the small business owner who needs fast access to business financing.

The company makes money by originating loans, servicing them, and earning fees and interest-related income from the lending activity. In plain terms, it sits between borrowers and the capital that funds the loans, using data and underwriting to decide which businesses it will finance and on what terms.

What makes Funding Circle different is its role as a specialist SME lender rather than a broad retail bank. Its business depends on understanding small-business credit risk better than general lenders and on keeping a steady supply of funding behind the loans it makes.

Funding Circle Holdings PLC Investor Relations

Address
71 Queen Victoria Street
London
United Kingdom

Business Segments

SME loans

This is the core lending business. Funding Circle uses its online platform to connect small and medium-sized businesses with investors and lenders for term loans and other business borrowing needs.

Customers and revenue model

FlexiPay

This is the company’s pay-later product for business spending. It lets businesses spread the cost of supplier invoices and other purchases over time.

Customers and revenue model

Management

Ms. Lisa Jane Jacobs

CEO & Executive Director

Biography unavailable

Mr. Oliver J. White

CFO & Executive Director

Biography unavailable

Mr. Grieg McEwan

Chief Technology Officer

Biography unavailable

Mr. Tony Nicol

Director of Finance & Investor Relations

Biography unavailable

Ms. Lucy K. Vernall

General Counsel, Chief People Officer & Company Secretary

Biography unavailable

Mr. Alexander Allen

U.K. Managing Director

Biography unavailable

Mr. Jerome Fernandez

FlexiPay Managing Director

Biography unavailable

Mr. Belkacem Krimi

Global Chief Risk Officer

Biography unavailable

Mr. Steve Allocca

Managing Director of U.S.

Biography unavailable

Mr. Kanthi Muthiah

U.S. Chief Product Officer

Biography unavailable

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