on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Reaches £3 Billion Milestone with Waterfall Partnership
Funding Circle, the UK's top SME finance platform, announced a significant renewal of its partnership with Waterfall Asset Management and BNP Paribas. This renewal comes with a new funding commitment of £750 million, bringing Waterfall's total lending through the platform to over £3 billion since 2018.
This development highlights the strength of Funding Circle's technology and credit assessment capabilities, as well as its ability to deliver attractive returns. The announcement follows a strong half-year, with £1.1 billion in credit extended to UK businesses in H1 2025.
By continuing this collaboration, Funding Circle reinforces its dedication to providing vital support to UK SMEs, an often underserved market segment. This partnership plays a crucial role in driving growth and supporting the backbone of the UK economy.
R. H.
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