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Europe

Europe
·May. 18, 2022

Frost prioritizes service for those caught in cost-of-living crisis

Tackling the cost-of-living crisis is a top priority. Wading through bank statements and scouring the internet for deals can help.
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Europe
·Mar. 15, 2022

FTX Europe Becomes First Exchange to Receive Crypto License in Dubai

The exchange will also set up a regional headquarters in Dubai.
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Europe
·Jan. 17, 2022

FTX launches $2bn fund to back web3 startups

Cryptocurrency exchange FTX has launched a $2 billion venture capital fund that will invest in firms pushing blockchain and web3...
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EuropeFintechNews RoundupUSA
·Apr. 21, 2020

Funding Circle and Others Can Prove Themselves Amid Current Pandemic

Funding Circle has struggled in the public markets since their IPO in 2018; now Funding Circle and their peers have...
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EuropeNews RoundupOnline Lending
·Mar. 1, 2017

Funding Circle Announces $100mn Investment

Funding Circle has announced a new $100 million multi-year investment agreement with Community Investment Management including provisions for additional investment; the $100 million investment will focus on small businesses in the US; the investment supports continued growth for Funding Circle which has reported monthly lending of over 100 million British pounds ($122.92 million) since November.  Source

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EuropeNews RoundupOnline LendingReal Estate
·Apr. 11, 2017

Funding Circle Announces Changes for Property Lending

UK online lender Funding Circle has announced it will be slowing its property lending with plans to fully end the product by mid 2018; the firm is primarily focused on SME lending and says the refocused strategy will help it to increase SME lending and shift its resources for international expansion; property loans have previously only been available to UK borrowers and the product has accounted for approximately 5% of the company's revenue.  Source

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EuropeNews RoundupOnline Lending
·Nov. 1, 2016

Funding Circle Announces Changes to Small Business Borrowing Rates

Funding Circle has announced changes to its borrowing rates for small business loans as of November 7; rates will be lower for higher credit quality borrowers and higher for the lower credit quality loans; says with the new rates, investors can expect an average annual return of 7%.  Source

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EuropeFintechNews Roundup
·Apr. 2, 2019

Funding Circle Announces New Securitization

This marks Funding Circle’s third deal in the securitization market; it includes £187 million of UK small business loans only;...
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EuropeFintechNews Roundup
·May. 22, 2019

Funding Circle Asks Shareholders to Approve Wind-Down of Fund

Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...
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EuropeFintechNews Roundup
·Jan. 17, 2019

Funding Circle Beats Forecasts

The company beat on revenue growth and loans under management in Q4 2018; revenue growth was 55%, above the 50%...
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