• British Fintech Platform Funding Circle Wants to Raise $386 Million in a London IPO

    2 monthes ago - By Fortune

    The “peer-to-peer” business-loan service Funding Circle has formally announced it is considering an initial public offering in London.
    The eight-year-old British lending platform was earlier this year reported to have lined up Bank of America , Merrill Lynch and others to manage an IPO. Its existing investors include Index Ventures, Union Square Ventures and Accel Partners.
    Funding Circle hopes to raise ?300 million in the IPO. The flotation could value the firm at over ?1.5 billion.
    According to the Financial Times , the Danish billionaire Anders Povlsen is backing the IPO by agreeing to...
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  • Funding Circle, a P2P SME lending platform, steps towards an IPO

    2 monthes ago - By Tech Crunch

    UK founded startup Funding Circle, a p2p lending platform which focuses on the underserved small business market, has announced a “potential intention” to float on the London Stock Exchange.
    In a press release today, announcing the publication of a Registration Document for a possible future IPO, Funding Circle says that should it proceed with floating on the stock market it would be looking to raise around £300 million. According to the document the business is being valued at up to £1.65BN .
    Heartland A/S, the private holding company of Danish billionaire businessman, Anders Holch...
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  • P2P lender Funding Circle plans $387 million London IPO

    P2P lender Funding Circle plans $387 million London IPO

    2 monthes ago - By Venture Beat

    Peer-to-peer lending platform Funding Circle has announced plans to raise £300 million through an initial public offering of its shares, according to a document filed with the London Stock Exchange. Funding Circle connects small companies that are seeking capital, with investors, who may include individuals, financial ins...
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