All Insights|Future Nexus
fintechMay 21, 2019

Funding Circle Sees Success in Foreign Markets

The UK is still Funding Circle’s biggest market but expansion to new markets and improved performance from established foreign markets is helping to boost the online lender; non-UK revenues rose 47 percent overall, with U.S. revenues up 66 percent and continental Europe revenues up a whopping 195 percent; the company has also increased headcount at the company by more than 36 percent in the last year; the lender has plans to launch in Canada later this year as they hope for a continued boost overseas. Source.