On a mission, together.
At Funding Circle, we’re on a mission to back small businesses like no other company has ever done before. To succeed, we need a team that reflects the diverse world of the customers we support. We know that our success comes from a culture where every Circler - regardless of background, identity, or experience - feels the confidence to bring their whole self to work.
In our fast-moving environment, we don't just "accept" diversity; we seek it out to help us spot opportunities and find a better way. We provide the space for you to take ownership and run with it, ensuring that everyone has the platform to contribute their ideas and the support to be successful.
Being a Circler means backing each other as much as we back small businesses. We measure our success not just by individual achievements, but by the impact we have on others. We cherish our diversity - across culture, gender, race, disability, sexual orientation, and thought - and we Stand Together to make it happen, every single day.
Funding Circle UK Gender Pay Gap Report 2025
This report includes information relating to Funding Circle UK. The data uses the 5 April snapshot date each year in line with the government’s reporting requirements. The gender pay gap is the difference between men’s and women’s earnings expressed as a percentage of men’s earnings. The bonus pay gap is the difference between men’s and women’s bonuses over the year expressed as a percentage of men’s bonuses.
Gender Pay Gap - hourly pay
Gender Pay Gap - bonuses
Our initiatives to improve gender diversity have progressed since 2017. Our median gender pay gap has reduced to +30% from +36% over that period, with the mean also reducing from 24% to 22%. While we are disappointed to see our gap increase from 2024 to 2026 we remain committed and focused on increasing representation of women throughout Funding Circle, and specifically in our Technology teams and senior leadership positions. Our progress is demonstrated by reaching our Women In Finance Charter goal of 40% of our senior leadership being women at the end of 2025.
The primary driver of our gender pay gap remains the proportion of men in functional areas which are higher paying, such as our Technology, Capital Markets, and Sales teams. Technology is the largest department at Funding Circle, and so significantly influences our overall figures. While two-thirds of our overall Technology team is male, 40% of our Technology Leadership Team (excluding the CTO) are now women. We remain committed to building a long-term talent pipeline by continuing to hire and develop junior women within our Technology teams, ensuring a diverse engine of future leaders.
In 2025, the main driver of the bonus gap was the December bonus paid to all early career Circlers. This meant that 86% of women received a bonus (up from what would have been 43%) and 91% of men (up from 64%). Because there is a higher proportion of women in junior roles not typically eligible for department-specific bonuses, this payment increased take-home pay for both men and women at this level of the organisation. However, this has the effect of lowering the “average” bonus paid to women and directly impacted the bonus pay gap. Had we not paid the December bonus, our mean gap would have been 27.6% and the median 8.3%.
The gap was also impacted by a small number of substantial long-term options being exercised by male senior leaders. While we control the timing of equity grants, we cannot dictate when individuals choose to realise that value, which can significantly distort our bonus gap in any given year.
It is important to note that Gender Pay Gap numbers are snapshots of data that do not perfectly reflect our commitment to fairness or our culture. As such, we choose to prioritise growth and opportunity for women at the start of their careers, even if it creates short-term pressure on our reported percentages (as opposed to hiring fewer women at these levels to improve our pay statistics).
The proportion of women overall at Funding Circle has increased slightly, with growth in the lower and upper-middle quartiles, and slight decreases in the lower-middle and upper quartiles.
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Gender Pay Gap Report 2024 |
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Gender Pay Gap Report 2023 |
Document Download document: Gender Pay Gap Report 2023 |
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Gender Pay Gap Report 2022 |
Document Download document: Gender Pay Gap Report 2022 |
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Gender Pay Gap Report 2021 |
Document Download document: Gender Pay Gap Report 2021 |
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Gender Pay Gap Report 2020 |
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Gender Pay Gap Report 2019 |
Document Download document: Gender Pay Gap Report 2019 |
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Gender Pay Gap Report 2018 |
Document Download document: Gender Pay Gap Report 2018 |
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Gender Pay Gap Report 2024 |
Document Download document: Gender Pay Gap Report 2024 |
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Gender Pay Gap Report 2023 |
Document Download document: Gender Pay Gap Report 2023 |
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Gender Pay Gap Report 2022 |
Document Download document: Gender Pay Gap Report 2022 |
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Gender Pay Gap Report 2021 |
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Gender Pay Gap Report 2020 |
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Gender Pay Gap Report 2019 |
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Gender Pay Gap Report 2018 |
Document Download document: Gender Pay Gap Report 2018 |
HM Treasury Women in Finance Charter
Funding Circle UK is signed up to the government’s Women in Finance Charter, which is a commitment to support the progression of women into senior roles in the financial services sector. We set an ambitious goal of reaching 40% of senior roles being women by the end of 2025.
We are pleased to report we have made good progress since 2020 when our proportion of senior female representation was c.27%. As of September 2025 it was 36.1%, up slightly from 35.5% in September 2024. Despite the significant increase in representation, we are not on track to hit our goal of 40% by the end of 2025.
In the changing macro environment, we have had low employee turnover over the last few years, however, despite this we have continued to improve our female representation in senior leadership positions.
We continue to focus on developing and growing our internal female talent, especially in our technology team. We believe this commitment is key to driving long-term change across the industry given the historical under-representation of women in this area.
Update: The above text was drafted in September 2025 and as part of our Women In Finance Charter commitments has to be published on our website. However, as of 31 December 2025, we have made significant progress toward our Women In Finance Charter goals. Our female representation in senior leadership has reached 39.4%, a 3.3% increase from September 2025, with 39 out of 99 senior leadership positions filled by women (excluding those who "Prefer not to say"). As we were only 1 woman away from our target HMT considers that it was achieved.
We are very pleased with the current result which demonstrates the importance and impact of our ongoing efforts and we remain committed to furthering gender diversity at all levels of our organisation.