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Funding Circle Holdings PLC

FCH.L

Latest Trade

155.60GBp

Change

-7.40(-4.54%)

Volume

96,581

Today's Range

155.60

 - 

163.20

52 Week Range

70.68

 - 

189.80

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
163.00
Open
162.00
Volume
96,581
3M AVG Volume
3.09
Today's High
163.20
Today's Low
155.60
52 Week High
189.80
52 Week Low
70.68
Shares Out (MIL)
356.30
Market Cap (MIL)
587.90
Forward P/E
24.43
Dividend (Yield %)
--

Next Event

Full Year 2021 Funding Circle Holdings PLC Earnings Release

Latest Developments

More

Funding Circle Holdings reports first half profit of 35 million pounds

Funding Circle sells SME loans for 63 mln pounds, lifts profit guidance

Funding Circle Holdings FY Operating Loss 106.3 Mln Stg

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About Funding Circle Holdings PLC

Funding Circle Holdings Plc, formerly Funding Circle Holdings Ltd, is a United Kingdom-based company that provides capitalized lending platform. The Company provides an online marketplace that allows entrepreneurs to access funding from investors and also allows them to borrow business loans for small and medium sized enterprises. The Company’s online market place provides both secured and unsecured loans to operate businesses, get working capital, to buy assets and to develop business properties. Its marketplace offers business loans for a tenure ranging from six months to five years. The Company provides its services through its subsidiary Funding Circle Limited.

Industry

Consumer Financial Services

Contact Info

71 Queen Victoria Street

EC4V 4AY

United Kingdom

+44.20.36672265

https://corporate.fundingcircle.com/

Executive Leadership

Andrew Digby Learoyd

Non-Executive Independent Chairman of the Board

Samir Desai

Chief Executive Officer, Co-Founder, Executive Director

Oliver J. White

Chief Financial Officer, Executive Director

Lucy K. Vernall

Company Secretary, General Counsel and Chief People Officer

Hendrik W. Nelis

Non-Executive Director

Key Stats

2.40 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2018

0.1K

2019

0.2K

2020

0.1K

2021(E)

0.2K
EPS (GBp)

2018

-12.680

2019

-14.500

2020

-25.800

2021(E)

6.673
Price To Earnings (TTM)
15.33
Price To Sales (TTM)
2.41
Price To Book (MRQ)
2.31
Price To Cash Flow (TTM)
10.21
Total Debt To Equity (MRQ)
212.99
LT Debt To Equity (MRQ)
97.80
Return on Investment (TTM)
10.74
Return on Equity (TTM)
4.33

Latest News

Latest News

UPDATE 1-Funding Circle names new CEO as it swings to profit

The head of online lending platform Funding Circle's British business will succeed Samir Desai as chief executive, the company said on Thursday as it reported a swing to profit in the first half of the year.

Funding Circle names new chief executive

Online lending platform Funding Circle has named Lisa Jacobs, the head of its British business, to succeed Samir Desai as chief executive from Jan. 1.

Britain launches new pandemic loan support scheme

Britain's finance minister Rishi Sunak on Wednesday launched a new state-backed loan scheme for businesses hit by the COVID-19 pandemic, replacing existing programmes that have seen struggling businesses borrow some 73 billion pounds so far.

Britain launches new pandemic loan support scheme

Britain's finance minister Rishi Sunak on Wednesday launched a new state-backed loan scheme for businesses hit by the COVID-19 pandemic, replacing existing programmes that have seen struggling businesses borrow some 73 billion pounds so far.

Funding Circle operating losses rise but sees long-term lending opportunity

Funding Circle <FCH.L> reported a first-half operating loss of 113.5 million pounds ($144 million) on Thursday, more than three times its 31.3 million pound loss a year earlier as the pandemic hurt momentum in its peer-to-peer lending business.

UPDATE 1-UK Stocks-Factors to watch on July 8

(Adds futures, news items) Britain's FTSE 100 index is seen opening 24 points lower at 6,166 on Wednesday, according to financial bookmakers, with futures down 1% ahead of cash markets open.

Britain's Funding Circle to cut 85 U.S. jobs

Funding Circle <FCH.L> will cut around 85 jobs in its U.S. business, the British-based peer-to-peer lending platform said on Wednesday, as it seeks to accelerate a push to make the U.S. operations profitable.

Funding Circle stops all UK lending not linked to government support scheme

Peer-to-peer lender Funding Circle said on Friday it has joined the British government's Coronavirus Business Interruption Loans Scheme, and is to stop all UK lending not linked to that programme.

U.S. small business rescue program gets capital clarity as fintechs, Citi come onboard

The U.S. government's $350 billion effort to help ailing small businesses took several steps forward on Thursday as regulators confirmed banks would not have to hold capital against loans made under the program, and non-bank lenders were admitted to it.

Funding Circle to lay off 125 workers in Amsterdam and Berlin

British peer-to-peer lender Funding Circle will lay off 125 workers in Amsterdam and Berlin as it moves to focus on its more profitable home market, its Chief Executive Samir Desai told Reuters on Thursday.

Britain's crowdfunding firms face 'Darwinian' new rules

Britain's peer-to-peer lenders faced tough new rules on Monday, which industry executives and analysts expect to prompt a clearout after the failure of two firms in the last six months.

UPDATE 2-China stimulus plan lifts FTSE 100; G4S boosts mid-caps

* Homebuilder Berkeley up after trading update (Adds news items, analyst comments, updates to closing prices)

UPDATE 1-M&S, Direct Line and Micro Focus to drop out of FTSE 100 on Sept. 23

Marks & Spencer, Direct Line and Micro Focus will be relegated from London's FTSE 100 index from Sept. 23 following the latest quarterly review, the index operator FTSE Russell said on Wednesday.

M&S, Direct Line and Micro Focus will be booted from FTSE 100 on Sept. 23

Marks & Spencer, Direct Line and Micro Focus will be relegated from London's FTSE 100 index from Sept. 23 following the latest quarterly review, the index operator FTSE Russell said on Wednesday.

PRESS DIGEST- British Business - Aug 9

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

UPDATE 2-FTSE 100 hits 10-month high as sterling slips

* Insurers gain as property reinsurance rates rise in Florida

UPDATE 2-Funding Circle halves revenue growth guidance as demand falls

* Company says has tightened lending criteria (Adds share reaction, halt to Canada plans)

Financials, miners lead FTSE 100 higher; Funding Circle slumps

Britain's FTSE 100 climbed on Tuesday, as investors shrugged off the implications of weak U.S. manufacturing data and concerns over Washington's trade deal with Beijing, while mid-cap Funding Circle tanked after cutting its revenue forecast.

UPDATE 1-UK Stocks-Factors to watch on July 2

Britain's FTSE 100 index is seen opening 24 points higher at 7,521 on Tuesday, according to financial bookmakers, with futures up 0.28% ahead of the cash market open.

Funding Circle halves revenue guidance for 2019 on reduced demand

Funding Circle Holdings Plc on Tuesday said it was cutting its expected 2019 revenue growth to 20% from 40% due to reduced demand for loans from its peer-to-peer lending platform.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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