Funding Circle has raised £250m from venture capital firms and high-profile investors, including Betfair’s co-founder Ed Wray, since it was founded in 2010 by three friends. Lenders, including 69,000 individuals and the British government, have used its website to advance more than £3bn to 33,000 businesses in Britain, America, Germany and the Netherlands. Under co-founder and chief executive Samir Desai, 34, sales hit £50.9m in 2016. In May the company received regulatory approval to launch an Innovative Finance ISA.
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