Funding Circle
P2P Finance Trade Association Launched in U.K.
Funding Circle, Zopa and RateSetter have teamed up to create the first trade association of companies in the peer-to-peer finance industry. The U.K. association, known simply as the Peer2Peer Finance Association, says on its website that it was setup to “primarily to ensure this innovative and fast growing sector maintains high minimum standards of protection [...]
Funding Circle Raises £2.5 Million in Venture Capital
Funding Circle, a U.K.-based peer-to-peer lending website that provides loans for small businesses, has raised £2.5 million in venture capital in a new round of fund led by Index Ventures. The company was launched in August 2010 and has had more than 4,000 businesses register for its service. The service has had £11.7 million in [...]







