We believe that as we get bigger and help more small businesses access the finance they need to grow, we create a stronger platform that drives significant competitive advantage.
World class technology that delivers superior customer experience
8th generation machine learning models are 3x better at predicting risk than bureau scores
Proven #1 UK platform
Leading SME loans platform with ten years’ experience
£3.9BN
UK LuM
Largest UK lending platform
Significant addressable market
SMEs are underserved by traditional lenders and represent a significant addressable market
total addressable market in the UK and US
Attractive financial profile
Profitable in FY 2021 and expect to be AEBITDA profitable going forward
operating profit in FY 2021
£91.8m AEBITDA in FY 2021
Strong future growth opportunities
Launch new funding products to solve more small business problems
US
The US is 5x the size of the UK market, but at an earlier stage of development. We will continue to invest to grow market share, but carefully manage the level of investment.
New products
Over the next 12 months we are leveraging our technology to beta launch new funding solutions to help small business owners solve more problems:
- A new application programming Interface (“API”) embedding Funding Circle natively into partners’ websites and platforms to extend distribution.
- FlexiPay: a new payment finance product enabling small business owners to pay invoices and spread the costs over three months.
- A new card for Funding Circle borrowers to enable them to better manage their business spending habits.
