Funding Circle

lendingp2p lending

FOUNDING YEAR: 2010
LOCATION: United Kingdom
Last Update: 19/01/2021

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About

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MEDICI Analysis

Funding Circle is one of the leading online marketplace lender exclusively focused on small business. It was created with an idea to revolutionize the antiquated banking system and secure a better deal for everyone.

Focus

PRODUCTS & SERVICES

Unfeatured loans, Asset Finance loans, Secured loans

REVENUE MODEL

The company generates the revenue from origination fee i.e 0.99% to 4.99% of the loan generated

MAIN CLIENTS

Blood and Sand Limited

Medina Capital

EXISTING PARTNERSHIPS

PWC ,Santender ,NSBA

Traction

VALUATION / MARKET CAP:

$1.4 B in 2018

COMPANY TYPE:

For Profit

STOCK EXCHANGE:

LSE - London Stock Exchange

REVENUE

$10M+ in 2018

REVENUE COMMENT:

The company had an annual revenue of approximately $156Million in 2018

VALUATION AT IPO:

1954652071

MONEY RAISED AT IPO:

390930414

NUMBER OF TRANSACTIONS:

10 K

TRANSACTIONS VALUE:

$910 M

ACTIVE USERS:

0.0400

People

FOUNDERS

James Meekings

Samir Desai

BOARD MEMBERS AND ADVISORS

Meyer Malka

Geoffrey D. Fink

Harry Nelis

Neil Rimer

NUMBER OF EMPLOYEES

501-1000

INVESTORS:

Accel Partners

Baillie Gifford

BlackRock

British Business Bank

DST Global

Endurance Companies

Index Ventures

Ribbit Capital

Rocket Internet

Sands Capital Ventures

Temasek Holdings

Union Square Ventures

Accel

Chris Klomp

Jonathan Golden

CreditEase Fintech Investment Fund

Waterfall Asset Management

KEY EMPLOYEES:

Ed Wray (Director)

Darryl Bowman (CMO)

David Yu (Chief Product Officer)

Ed Hooper (Senior Manager

Strategic Partnerships)

Maria Weaver (Chief People Officer)

Neil Mullane (Head of Sales)

Luke Jooste (Head of Real Estate Finance)

Pamela Burton (COO)

Panni Morshedi (Continental Europe Managing Director)

Sophie Thomas (HR Operations Manager)

Sachin Patel (Chief Capital Officer)

Lisa Jacobs (Chief Strategy Officer)

Sean Glithero (Chief Financial Officer)

Dan Sinclair Taylor (Head of Partnerships)

Jerome Le Luel (Chief Risk Officer)

Charles Reese (Software Architect)

Bernardo Martinez (U.S. Managing Director)

Andrew Mullinger

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

11

TOTAL FUNDING

$373.24 M

DATE OF LAST FUNDING

Dec 2019

IPO STATUS

Public

IPO AT

Sep 2018

ESTIMETED REVENUE RANGE

$50M to $100M

SEED & PRIOR FUNDING

$1.1 M

FUNDING SERIES

SERIES A  · $4.14 M  · Apr 2011

SERIES B  · $16 M  · Apr 2012

SERIES C  · $37 M  · Oct 2013

SERIES D  · $65 M  · Jul 2014

SERIES E  · $150 M  · Apr 2015

SERIES F  · $100 M  · Jan 2017

DEBT FUNDING

$49.69 M

LISTED

YES

COMMENT

Debt Financing: $40 M & Series F: $100 M(Jan 2017).

company provided insights

Acquisitions

ACQUIREE NAME

Zencap

ANNOUNCED DATE

Oct 2015

PRICE

---

ACQUIREE NAME

Endurance Lending Network

ANNOUNCED DATE

Oct 2013

PRICE

---

ACQUIREE NAME

LeapPay

ANNOUNCED DATE

Aug 2014

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

397,519

AVERAGE VISITS (6 MONTHS)

429,655.84

MONTHLY VISITS GROWTH

-4.68%

VISIT DURATION

208

VISIT DURATION GROWTH

-15.24%

PAGE VIEWS VISIT

4.25

PAGE VIEWS VISIT GROWTH

-7.47%

BOUNCE RATE

42.08%

BOUNCE RATE GROWTH

-1.71%

GLOBAL TRAFFIC RANK

94,097

MONTHLY RANK CHANGE

-7,308

MONTHLY RANK GROWTH

-7.21%

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