Peer-to-peer lender Funding Circle to create 200 UK jobs

Jun 14, 2018 · bdaily.co.uk

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Peer-to-peer lending platform Funding Circle is creating 200 jobs in the UK.

The London-headquartered firm has this morning (June 13) confirmed plans to take on 400 new employees in 2018, half of whom will be recruited in the UK.

Founded in 2010, Funding Circle facilitates lending from a range of investors to small businesses in the UK, Germany, Netherlands and US.

A report published today by economic consultancy Oxford Economics has revealed that in 2017, lending through Funding Circle unlocked around 45,000 UK jobs.

Further, the report found that lending through the platform contributed £2.4bn to the economy, generating £730m in tax receipts for the HM Treasury.

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