Funding Circle shares soar on US exit plans and buyback programme

7th Mar 2024 09:16

(Sharecast News) - The share price of small business credit provider Funding Circle soared on Thursday after the company announced a new share repurchase programme to bolster its share price as well as plans to offload its US arm as management attempts to rightsize the business.

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Funding Circle swings to half-year loss

7th Sep 2023 08:19

(Sharecast News) - Specialist business lender Funding Circle Holdings posted a half-year loss on Thursday, as clients repaid loans and higher interest rates hit home.

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Funding Circle income falls as government schemes wind down

2nd Mar 2023 07:11

(Sharecast News) - Funding Circle reported a 35% year-on-year drop in originations to £1.5bn in its 2022 results on Thursday, in line with expectations.

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Funding Circle trims full-year forecasts

8th Sep 2022 11:12

(Sharecast News) - Funding Circle trimmed its full-year forecasts on Thursday, in response to the "challenging" macro environment.

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Berenberg starts Funding Circle at 'buy', shares surge

21st Mar 2022 11:34

(Sharecast News) - Funding Circle surged on Monday after Berenberg initiated coverage of the stock at 'buy' as it took a look at specialist lenders.

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Funding Circle swings to annual profit

10th Mar 2022 08:30

(Sharecast News) - Funding Circle swung to an annual profit as costs fell and the company posted fair value gains instead of losses.

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Funding Circle names Lisa Jacobs as CEO designate

9th Sep 2021 09:00

(Sharecast News) - Loans provider Funding Circle revealed on Thursday that Lisa Jacobs will succeed Samir Desai as chief executive officer on 1 January 2022.

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Funding Circle sees strong start to the year, shares jump

19th May 2021 07:52

(Sharecast News) - Shares in Funding Circle rallied on Wednesday, after the lending platform upped its interim profit forecasts.

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Funding Circle to add Bounce Bank Loans to Covid lending offer

8th Jul 2020 11:13

(Sharecast News) - Funding Circle shares were rocketing on Wednesday morning, as the company outlined its success thus far in government-backed coronavirus lending, in both the UK and the United States.

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Funding Circle shares surge after positive third quarter update

21st Oct 2019 11:43

(Sharecast News) - Peer-to-peer business lender Funding Circle Holdings updated the market on the three months ended 30 September on Monday, reporting a 31% rise in loans under management year-on-year to £3.7bn.

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FTSE 250 movers: Funding Circle spiralling lower, TBC Bank climbs

25th Apr 2019 14:14

(Sharecast News) - London's FTSE 250 index was down 0.44% at 19,906.64 in afternoon trade on Thursday, with Funding Circle leading the index lower.

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FTSE 250 movers: Centamin shines, Funding Circle falls

24th Apr 2019 14:31

(Sharecast News) - London's FTSE 250 index was up 0.09% at 19,926.51 in afternoon trade on Wednesday, with Centamin leading the index higher.

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Sunday share tips: Funding Circle, SSP, Ceres Power

21st Apr 2019 19:27

(Sharecast News) - This Sunday's share tips were Funding Circle in the Sunday Times, SSP in the Sunday Telegraph and Ceres Power in the Mail on Sunday.

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Funding Circle loans reach record levels, though returns wane

18th Apr 2019 08:31

(Sharecast News) - Funding Circle's shares climbed on Thursday after it reported a record level of loans under management during the first quarter, though some analysts remain concerned about the company's business model.

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Funding Circle agrees time is right for SME fund closure

5th Apr 2019 08:00

(Sharecast News) - Funding Circle confirmed that financial guidance for 2019 remains unchanged as the Funding Circle SME Income Fund (FCIF) announced it was shutting up shop.

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