The London based peer-to-peer lender plans to list shares on the London Stock Exchange. The deal could reach a $390 million valuation.
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Funding Circle Announces Plans to IPO
“Today’s announcement is the start of the next stage in our exciting and transformational journey,” Samir Desai, CEO and co-founder of Funding Circle, said in the statement. Funding Circle has helped more than 50,000 businesses in Britain, the United States, Germany and the Netherlands to borrow more than 5 billion pounds since it launched in 2010.
