Question 1

When does Funding Circle say Lisa Jacobs intends to step down as chief executive?

Accepted Answer

Funding Circle chief executive Lisa Jacobs told the board she intends to step down no later than September 2027 and will remain in role during a formal search for her successor.

Question 2

What committed-funding amount did Funding Circle agree with Castlelake to provide to UK small businesses?

Accepted Answer

Funding Circle agreed a new committed-funding arrangement with Castlelake to provide up to £500m of committed funding to UK small businesses over two years.

Question 3

Who owns Funding Circle's proprietary lending platform and AI-powered credit models?

Accepted Answer

Funding Circle Holdings plc owns the UK-based proprietary lending platform and AI-powered credit models used to originate and service SME loans.

Question 4

When did Funding Circle announce a new mobile app for FlexiPay and card customers?

Accepted Answer

Funding Circle announced the launch of a new mobile app for FlexiPay and card customers on 6 August 2026, available on the App Store and Google Play.

Question 5

What does Funding Circle's stated progress depend on?

Accepted Answer

Funding Circle's stated progress depends materially on continued access to wholesale funding (recently evidenced by the Citi facility and forward-flow agreements) and on second-half macroeconomic conditions.

Question 6

What was the size of the funding facility Funding Circle renewed and upsized with Citi in April 2026?

Accepted Answer

In April 2026 Funding Circle renewed and upsized a funding facility with Citi to £400 million, including an equity element, to expand funding headroom for its Term Loans, FlexiPay and Card businesses.

Timeline

Funding Circle

Funding Circle CEO Lisa Jacobs to step down by September 2027

Funding Circle secures up to £500m from Castlelake

Funding Circle launches mobile app for FlexiPay and card customers

Funding Circle lifts H1 revenue 50% and reiterates full-year guidance

Funding Circle completes tenth SME securitisation

Funding Circle ups FlexiPay funding to £320m, extends term to two years

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