Funding Circle

  • Funding Circle, The Zopa-For-SMEs, Raises £2.5M Led By Index Ventures

    Funding Circle, the peer-to-peer lending site for small businesses in the UK, has raised £2.5m in a Series A round led by Index Ventures. Unnamed co-investors as well as existing shareholders have also participated, while Neil Rimer, co-founder and Partner of Index, will take a seat on the Board. Before today’s round, the London-based company was Angel funded to the tune of $1.1m… Read More

  • 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