Funding Circle is a British financial technology company focused on providing loans and financial services to small and medium-sized enterprises (SMEs). Founded in London in 2010, the company originally operated as a peer-to-peer lending platform, connecting businesses seeking finance with individual and institutional investors. Over time, its model shifted away from retail peer-to-peer lending, and by 2022 Funding Circle had transitioned fully to institutional lending.
The company provides business finance products designed to help SMEs access working capital, manage cash flow, invest in growth, purchase equipment, and cover operational needs. Its services include term loans and flexible finance products for small businesses. Funding Circle positions itself as an alternative to traditional bank lending, using digital application processes and data-driven credit assessment to make business borrowing faster and more accessible.
As of 2024, Funding Circle had facilitated more than £15 billion in loans to businesses. The company is listed on the London Stock Exchange under the ticker FCH and is part of the UK financial services and fintech sector. It has also been a constituent of the FTSE 250 Index, reflecting its position among mid-cap companies listed in the United Kingdom.