Funding Circle’s loans platform matches small businesses who want to borrow with investors who want to lend. These investors, including more than 80,000 individuals and the British government, have used its website to advance more than £5bn to 50,000 businesses in the UK, America, Germany and Holland. It has raised £250m from venture capital firms and high-profile investors, including the Betfair co-founder Ed Wray, since it was set up in 2010. Last year the company received regulatory approval to launch an innovative finance Isa. Under co-founder and chief executive Samir Desai, 35, sales hit £94.5m in 2017.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2018
Rank41
CompanyFunding Circle
ActivityPeer-to-peer lending platform
LocationCentral London
Average 3 year sales growth93.21%
Latest sales £000s*94,500
Staff790
Founded2010
Websitewww.fundingcircle.com

If applicable:

* supplied by company † annualised figure