Acquisitions: 3 Acquisitions
Total Equity Funding: $373.24M in 7 Rounds from 12 Investors
Headquarters: London, England
Description: Funding Circle is the world’s leading online marketplace for business loans, matching businesses who want to borrow with investors.
Founders: Samir Desai, Andrew Mullinger, Alex Tonelli, James Meekings
Categories: Personal Finance, Financial Services, Finance, FinTech
Founded: August 13, 2010
Contact: firstname.lastname@example.org | (855)849-1940
Employees: 251 – 500 | 11 in Crunchbase
Based in London, Funding Circle is an online marketplace for business loans, connecting businesses that want to borrow with investors. It allows people and organizations to directly lend to small businesses in the U.K., the U.S., Germany, Spain, and the Netherlands.
Funding Circle 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. Lenders are able to grant loans to specific businesses in their communities or businesses that meet certain criteria such as being environmentally friendly.
Funding Circle was launched in 2010.