2015’s biggest investments: Funding Circle £106m

Peer-to-peer lending platform Funding Circle secures what is thought to be one of the largest VC deals in British history

Company: Funding Circle
Description: Peer-to-peer lending platform
Founders: James Meekings, Samir Desai, Andrew Mullinger
Based in: London
Raised: £106m ($150m)
Investors: DST Global, Sands Capital Ventures, Temesak, Baillie Gifford

They said:

Funding Circle CEO and co-founder, Samir Desai:

“Today’s news is the next step on our journey to creating a sustainable, category-defining business in a multi-billion dollar global market, where businesses will come to the marketplace to borrow from all types of investors. This investment, alongside prudent risk management, will ensure Funding Circle’s long term future.”

Read more about the deal here.

Comments

(will not be published)