Funding Circle
Building the place where small businesses get the funding they need to win
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We deliver an amazing experience for small businesses powered by machine learning and technology. Over the past ten years, we have built a machine learning and technology platform that is revolutionising SME lending. Since launching, we have helped more than 122,000 businesses access £13.7bn. This has a huge societal impact—in 2022 alone the lending through our platform contributed more than £6.9bn to GDP and created and sustained 106,000 jobs.
Employees
501-1000
HQ Location
City of London, London, UK
OTTA INSIGHTS
Some candidates hear
back within 2 weeks
40% female employees
8% employee growth in 12 months
Sam Franklin
CEO of Otta
Funding Circle launched in 2010 and it was the perfect time in the market. After the financial crisis in 2008, financial institutions were hesitant to lend money. Loans to SMEs were at record lows.
This meant that Funding Circle's innovative platform - connecting investors and businesses directly - had immediate product-market fit and growth. Funding Circle remains incredibly focused on small businesses, and this set it apart from other lending platforms. The business has since expanded to the USA.
The company completed its IPO in September 2018 in a challenging economic environment in Europe and the USA. More recently, however, trading in the group’s core UK market has been helped by its participation in the government’s Coronavirus Business Interruption Loan Scheme – the company says it has been responsible for a quarter of CBILS loans by volume since it was accredited to join the scheme in April 2020.
Last fundraise
Jan 2017
$97.7m
SERIES F
This company has top investors
Company benefits
Founders
Samir Desai
(CEO)Previously a consultant at BCG and an investment executive at Olivant focused on financial services businesses. Awarded a CBE for services to financial services in 2015
Diversity & Inclusion at Funding Circle
Poonam Verma (Director of Talent Development, Culture & Belonging)
Funding Circle is hiring for 23 jobs on Otta!
Software Engineering
Marketing
Operations & Strategy
Finance, Legal & Compliance
Other Engineering