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Peer2Peer Finance News | July 23, 2018

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Funding Circle US

Funding Circle US names PayPal exec as managing director

March 13, 2018 |

FUNDING Circle’s US division has named PayPal executive Bernardo Martinez as its new managing director.

Martinez, who was previously head of US small business lending at the online payments giant, replaces Sam Hodges, who will become chairman of Funding Circle US.

Prior … Read More

Funding Circle US partners with Kansas’s Intrust Bank

January 4, 2018 |

FUNDING Circle’s US division has unveiled a strategic partnership with Intrust Bank, a regional lender based in Kansas.

The peer-to-peer business finance provider, which has lent out more than $5bn (£3.69bn) globally, said on Thursday that the partnership will be … Read More

Funding Circle has now lent out $5bn globally

December 7, 2017 |

FUNDING Circle has announced that it has lent more than $5bn (£3.7bn) globally to small businesses, shortly after hitting the £3bn milestone in the UK.

The London-headquartered peer-to-peer lender, which also has operations in the US and Europe, said on … Read More

Funding Circle US strengthens senior team with two new hires

June 29, 2017 |

FUNDING Circle’s US division has bolstered its senior team with two new hires, to help drive the peer-to-peer lender’s growth in that country’s market.

The London-headquartered firm named Joanna Karger as US head of capital markets and Richard Stephenson as US chief compliance officer.

Karger has … Read More

Victory Park Capital increases income return for fourth month in a row

June 8, 2017 |

VICTORY Park Capital (VPC) Specialty Lending Investments reported an income return of 0.58 per cent in April, its fourth consecutive month-on-month increase.

The alternative finance-focused investment fund said that its income was predominantly from its balance sheet loans, which continued … Read More