Update to lending process for UK retail investors

RNS Number : 7580R

Funding Circle Holdings PLC

31 October 2019

 

Funding Circle updates lending process for UK retail investors

Funding Circle announced on 30 October updates to the lending experience for retail investors in the UK, following a recent review. On 2 December, the company will launch a new selling tool which is expected to improve retail lenders' ability to access funds more regularly and attract new funds to the platform.

More information can be found here:

https://www.fundingcircle.com/blog/2019/10/accessing-your-funds-through-funding-circle/  

ENDS

Media Enquiries:

Funding Circle

David de Koning - Director of Investor Relations and Communications (0203 927 3893)

Headland Consultancy

Mike Smith / Stephen Malthouse (020 3805 4822)

About Funding Circle:

Funding Circle (LSE: FCH) is a global SME loans platform, connecting SMEs who want to borrow with investors who want to lend in the UK, US, Germany and the Netherlands. Since launching in 2010, investors across Funding Circle's geographies - including retail investors, banks, asset management companies, insurance companies, government-backed entities and funds - have lent more than £8 billion to 77,000 businesses globally.

 

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