Funding Circle

lendingp2p lending

FOUNDING YEAR: 2010
LOCATION: United Kingdom
Last Update: 01/05/2020

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About

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

REVENUE

$10M+ in 2018

REVENUE COMMENT:

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

NUMBER OF TRANSACTIONS:

10 K

TRANSACTIONS VALUE:

$910 M

ACTIVE USERS:

0.0400

People

FOUNDERS

Andrew Mullinger

James Meekings

Sam Hodges

Samir Desai

Alex Tonelli

BOARD MEMBERS AND ADVISORS

Geoffrey D. Fink

Harry Nelis

Neil Rimer

Meyer Malka

NUMBER OF EMPLOYEES

501-1000

INVESTORS:

Accel Partners

Baillie Gifford

BlackRock

British Business Bank

DST Global

Endurance Companies

Index Ventures

Ribbit Capital

Sands Capital Ventures

Temasek Holdings

Union Square Ventures

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)

Momentum

FUNDED

YES

TOTAL FUNDING

$373.24 M

DATE OF LAST FUNDING

Jan 2017

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).

BASICS

FOUNDING YEAR:

2010

LOCATION:

United Kingdom

Views:

395 VISITORS | 679 VIEWS
LATEST FUNDING ROUND

$373 M

TOTAL EMPLOYEES
501-1000

About

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.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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