Funding Circle

  • P2P lending site RateSetter sees £1m lent in two months since launch

    RateSetter, the UK peer-to-peer lending site that competes with Zopa and, less directly, Funding Circle, has announced that it has seen £1 million lent through its platform since the site launched just two months ago. That’s a fairly big number, although perhaps a reflection of the lousy interest rates offered by high street banks at the moment and the hard times people are facing. Read More

  • Social lending platform Funding Circle launches as a Zopa-for-SMEs

    Funding Circle is a newly launched peer-to-peer lending site in the UK with a number of heavy-weight backers including Andy Homer, Chief Executive of Towergate Partnership, and Jon Moulton, the founder of private equity firm Better Capital and former managing partner of Alchemy Partners. A sort of Zopa-for-small businesses, the ‘social lending platform’ facilitates loans to… Read More