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Funding Circle passes £1.5billon mark
Funding Circle announced that it had broken the £1.5billion lending mark, the second UK peer-to-peer company to reach this after Zopa.
Stop press. We’ve hit £1.5 billion lent to British businesses!
It was after 5 years, 4 months and 10 days we celebrated hitting £1 billion lent, and just 9 months later we’re at £1.5 billion! Thank you for your continued support.
This is actually a significant achievement and shows the rate at wish Funding Circle is growing. Even though Zopa has arranged more loans, Funding Circle have a larger loan book.