Funding Circle's founders, from left, Samir Desai, James Meekings, and Andrew Mullinger. Funding Circle LONDON — Chancellor Philip Hammond has praised Funding Circle as "a real success story ...

Funding Circle cofounder and CEO Samir Desai. Funding Circle. Britain’s biggest peer-to-peer lender has filed for an IPO that could value the company at more than £1.65 billion ($2.13 billion).

Funding Circle, the peer-to-peer lender, plans to raise £300 million by listing on the stock market in London. The firm offers loans to small businesses in the US, Germany and the Netherlands as ...

Funding Circle boasts of having channelled £5bn in loans to over 50,000 companies, in Britain, America, Germany and the Netherlands, since its launch in 2010.

In partnership with Oxford Economics, Funding Circle's lending in 2024 contributed £7.2 billion to the UK’s GDP and played a pivotal role in supporting over 87,000 jobs.