Changing Industries

Funding Circle

James Meekings, Samir Desai, Andrew Mullinger, Sam Hodges, Matthias Knecht, Christian Grobe


Facts

Founded:
2010
HQ:
71 Queen Victoria Street, London EC4V 4AY

Funding Circle is an online marketplace that lets investors lend directly to small businesses in Europe and the US. Since launching in 2010, total lending has amounted to $1.8 billion. April 2015 saw the peer-to-peer lending startup raise $150 million in venture funding in a round led by DST Global, valuing the company at more than $1 billion. In November 2015 the startup launched its own investment trust – the Funding Circle SME Income fund – which it listed on the London Stock Exchange. The company has also made some high-profile hires including Jerome Le Luel, former chief risk officer at Barclaycard, and David Yu, former CTO and CEO of Betfair.

Click photo to launch slideshow

Photographer: Isabel Sierra | Words: Olivia Solon | Editor: Nate Lanxon