A new report published by Oxford Economics reveals lending through Funding Circle, the global small business loans platform, unlocked 75,000 jobs in the United States and Europe in 2017. Launched in 2010, Funding Circle facilitates lending from a wide range ...
INTRUST, Funding Circle announce partnership
Small business lending platform Funding Circle and Kansas-based INTRUST Bank today announced a strategic partnership to support the growth of US small businesses. It will be rolled out in various stages with the initial phase consisting of INTRUST funding US ...
Aegon, Funding Circle announce partnership
Dutch financial services group Aegon and Funding Circle are partnering in a deal which will see Aegon invest in Funding Circle-originated loans. Aegon will fund £160 million in the first year, with Funding Circle estimating it will create 6,400 new jobs. ...
Funding Circle names former Auto Trader exec CFO
Small business lending platform Funding Circle has named former Auto Trader chief financial officer (CFO) Sean Glithero its new CFO. He begins work in October. Mr. Glithero joined Auto Trader in 2006, working his way up through group and divisional ...
AltFi Data brings needed industry transparency
If the alternative finance industry is to realize its full potential, it needs to genuinely deliver on the promise of transparency, Rupert Taylor believes. Mr. Taylor is the founder and CEO of AltFi Data, the leading independent analytics provider for ...
Funding Circle hires Jeremy Bennett as global CFO
Small business loan platform Funding Circle has hired Jeremy Bennett as its global chief financial officer. Mr. Bennett has more than 30 years experience at financial services firms including Credit Suisse and Nomura International. During the financial crisis Mr. ...
Alt-fi heavyweights form Marketplace Lending Association
Funding Circle, Lending Club and Prosper Marketplace have launched the Marketplace Lending Association (MLA). The non-profit organization promotes proper business practices and public policy. Among the new organization’s initiatives is the Marketplace Lending Operating Standards, a document addressing investor transparency, ...
Funding Circle names former ECB board member to board
Global small business marketplace lender Funding Circle has named Jörg Asmussen to its board. Mr. Asmussen is a German economist and policymaker who was State Secretary for the German Ministry of Finance between 2008 and 2012 and the German Ministry of Labour ...
Funding Circle announces partnership with Minority Business Development Agency
A new partnership between online business loan marketplace Funding Circle and the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) will help businesses owned by people from minority groups secure much-needed funding. Funding Circle staff will teach financial education ...
Funding Circle launches across Europe with deal for Rocket Internet-backed Zencap
Funding Circle, the world’s leading online marketplace for business loans, today announced it has joined forces with Zencap, to create the first truly global marketplace lending platform. The deal sees Funding Circle expand into Germany, Spain and the Netherlands, alongside ...