Company
Funding Circle Holdings PLC
LON:FCH
Funding Circle is a peer-to-peer lender that claims to have created a better way for small businesses to access finance, leading to high loyalty and high repeat rates. It connects creditworthy businesses looking for finance with people and organisations with money to lend.
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Funding Circle surges as it makes strong start to 2021
The peer-to-peer lender said as a result of its strong performance its income and earnings are now expected to be “well ahead of previous expectations”
Funding Circle turns a corner as small businesses switch to its peer-to-peer lending model
"Covid-19 has changed the SME lending landscape. Over the past 12 months we have seen an acceleration in the adoption of online borrowing," Funding Circle said.
Funding Circle spikes after becoming provider of UK government coronavirus business loan scheme
The lender will fund loans on behalf of the British Business Bank's CBILS scheme
Funding Circle cuts revenue guidance as Brexit uncertainty hurts demand
"The uncertain economic environment has reduced demand from small businesses and led us to proactively tighten lending criteria,” said chief executive and co-founder Samir Desai.
Is London's fickle funding appetite part of Lasker's 'disastrous' cycle?
Stock market sage Bernard Lasker once said: “I can feel it coming...A whole new round of disastrous speculation, with all the familiar stages in order: blue-chip boom, then a fad for secondary issues, then an over-the-counter play, then a g
Investments and investor services
Funding Circle delivers record loans under management in the first quarter
Growth in loans under management and new business contributed to a 40% jump in revenue in the first quarter
Investments and investor services
Funding Circle tumbles as sister fund decides to sell up
Since it listed in 2015, FCIF has returned around 5% a year on average
Funding Circle reports wider 2018 loss on IPO costs but shares rise on positive outlook
The peer-to-peer lender expects its loss to narrow and revenue to grow in 2019
Funding Circle expects 2018 revenue to beat estimates after strong end to the year
“We enter 2019 with continuing confidence and remain focused on delivering our growth strategy set out at IPO," said Funding Circle boss Samir Desai
Funding Circle shares plunge to fresh low on reports of Citigroup downgrade to ‘sell’
In early afternoon trading, Funding Circle shares – which are due to join the FTSE 250 index from the start of trading next Monday – had dropped by 23.5% to 247.65p, well below its 440p float price
Thomas Cook sees late rally but commentators still expect travel firm be demoted from FTSE 250 index following quarterly reshuffle
Thomas Cook shares edged up 0.5% to 23.76, having recovered from an earlier slide which took the stock to a low of 19.69p, a near 60% drop over the past five sessions since the group issued a profit warning
Funding Circle SME Income Fund downgraded to 'sell' by Liberum
Liberum downgraded its rating on the fund to 'sell’ from ‘hold’ and cut its target price to 89p from 109p
Funding Circle wriggling free of the grip of short sellers
After setting the IPO price at the bottom of the range failed to prevent a disastrous stock market debut for Funding Circle, the stock is beginning to recover. It's a tricky stock to value because of the alleged disruptive nature of the pee
Funding Circle almost back to float price after reassuring trading
The peer-to-peer lender advanced £564mln in the last three months
Vannin Capital scraps IPO plans after recent flops from Aston Martin and Funding Circle
Richard Hextall, the group’s chief executive, blamed “volatility experienced in the equity market” as the reason behind the abandonment of the IPO