Funding Circle is a Peer-to-peer lending platform that has helped to generate more than £500 million of lending to small firms in the UK and America from some of the world's leading investment groups.
This online marketplace enables businesses to borrow directly from people and organisations. Businesses can borrow directly from a wide range of investors, including more than 40,000 people, the UK Government, local councils, a university and a number of financial organisations. The UK Government is lending £60m to businesses through Funding Circle, alongside thousands of people and other investors.
Their backers collectively manage over $5 trillion and are the leading venture capital firms behind Facebook, Twitter, Skype and Betfair; and a sovereign wealth fund.
Their current equity investors are Accel Partners, Baillie Gifford, BlackRock, DSTGlobal, Index Ventures, Ribbit Capital, Sands Capital, Temasek and Union Square Ventures.