Funding Circle slashes guidance as profits tumble September 8, 2022 Lending platform Funding Circle slashed its guidance for the year today as it reported a plunge in profits to £1.6m in the six months to June.
Funding Circle CEO to step down after over a decade September 9, 2021 Funding Circle’s CEO Samir Desai CBE will step down next year and be succeeded by managing director Lisa Jacobs, the funding platform said in an announcement today. Desai will step back as chief executive officer of the lender in January 2022, after 12 years in the position. He will transition to a new role as [...]
Covid support scheme lands Funding Circle record loans under management March 25, 2021 The number of loans under management at lending platform Funding Circle hit a record in 2020, with the firm’s involvement in the Covid support scheme giving a boost to the business. In 2020 Funding Circle achieved record loans under management of £4.21bn, up from £3.73bn in 2019 – a 13 per cent increase. The lender [...]