Funding Circle Raises £2.5M ($3.6M) of Series A Funding

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Funding Circle

A Round: $3,600,000

Founded: 07/2009
Industry: IT

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London, United Kingdom – Funding Circle, a social lending platform for small businesses in UK has raised £2.5m or $3.6 M of series A funding from venture capital firm Index Ventures and from other unnamed VC firms and angels. Neil Rimer, co-founder and Partner of Index, will take a seat on the Board as part of the deal.

Funding Circle platform is unique because it is possible for lenders to get their money back before a loan is repaid by reselling their part of the loan onto other lenders.

 
Funding

Funding Total: $3,600,000

Round Date Amount Pre Amount Post Amount
A 04/2011 $3,600,000
Investors: Index Ventures

See all fundings here

 
Founders

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