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Funding Circle wins first place in FinTech Leaders 2020 ‘Business Lending’ Category

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Funding Circle wins first place in FinTech Leaders 2020 ‘Business Lending’ Category

Updated: March 2nd, 2020

Funding Circle wins first place in FinTech Leaders 2020 ‘Business Lending’ Category

FinTech Leaders 2020 – “Voice of the Market” Report and Ranking of Top FinTech Companies

San Francisco – January 27, 2020 – Funding Circle today announced first place rankings in the Center for Financial Professionals (CeFPro) FinTech Leaders 2020 Report; winning the category of ‘Business Lending’.

The FinTech Leaders 2020 Report is the most comprehensive independent study of the global fintech ecosystem and rankings of the leading fintech players around the world. The research is industry-led with independent insight from CeFPro’s specialized FinTech Advisory Board of over sixty experts; evolving around the end-user perspective, it is inclusive of over 1,200 surveyed perspectives and votes from CeFPro’s community of finance, technology, operations, risk and compliance professionals. To download a copy of the report and review the methodology behind Funding Circle’s placing, visit www.fintech-leaders.com

“CeFPro’s FinTech Leaders report takes the pulse of the industry through end-user votes and perspectives and is supported and endorsed by 60 international industry Advisory Board Members, from across multiple disciplines and geographies. The research report, along with the rankings, are formed from votes cast by end-users”, said Andreas Simou, Managing Director, CeFPro. “Funding Circle’s pole position in the Business Lending category was entirely decided by industry votes and can be considered an endorsement by their peers with what has been achieved in such as relatively short period of time”.

As the largest small business specialist lender in the world, Funding Circle has upended the traditional lending system and created a system that puts small business owners at the center. This modern lending approach enables small businesses to access fast, affordable and transparent funding for a variety of business needs; while investors have the opportunity to earn attractive, risk-adjusted returns from a previously inaccessible asset class. Over the last nine years, the company has facilitated loans from more than 90,000 investors to 72,000 small businesses throughout the world. Funding Circle’s business lending platform is the largest operating in any of our geographies by total global loan volume, number of investors and loans outstanding.

“As with our Small Business Choice feature, we’re steadfast in our commitment to product enhancements  that will improve the borrower experience and provide more tailor-made solutions.” said Bernardo Martinez, Funding Circle US Managing Director. “We’re thrilled for the recognition of Funding Circle’s work to improve small business’ access to the capital they need for business growth.”

1 By cumulative global originations and number of investors, and current global loans outstanding, according to Funding Circle internal data, OC&C analysis and estimates.

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