Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Funding Circle Add to portfolio

UNIS:FUN, Jun 25, 06:34 UTC

Latest UNIS:FUN News

Filter your feed

Apply Filter

Yesterday


News

Funding Circle (LON:FCH) Rating Reiterated by Barclays – Tech Know Bits

FUN

Funding Circle (LON:FCH)‘s stock had its “equal weight” rating reiterated by equities research analysts at Barclays in a research report issued to clients and investors on Friday, June 7th, ThisIsMoney.Co.Uk reports. Separately, HSBC started coverage on Funding Circle in a research report on Thursday, May 16th. They set a “buy” rating and a GBX 310 ($4.05) target price on the stock. Shares of Funding Circle stock traded down GBX 5 ($0.07) on Friday, hitting GBX 236 ($3.08).

Read Full Details

Topics:
  • Business
  • Financial
News

Merseyside seeds new Funding Circle fund with £30 million

FUN

Merseyside Pension Fund, Liverpool, England, seeded U.K. SME Direct Lending Fund I with £30 million ($38 million), said Owen Thorne, the £9 billion pension fund's investment manager, in an email. The fund, managed by global loans platform Funding Circle, allows institutional investors to lend directly to U.K. small and medium enterprises. The fund, which has an eight-year closed-end structure, targets an annualized net return of between 5.5% and 6.5%. "As a responsible investor with a public service ethos, Merseyside increasingly looks to deliver 'positive real-world' impacts through its investment strategy such as supporting job growth both in our region and the U.K. as a whole," Mr. Thorne added.

Read Full Details

Story Sources

pionline.com
Topics:
  • Business
  • Financial
News

Funding Circle launches direct lending fund, Merseyside Pension Fund commits £30m

FUN

Alongside the launch of the Funding Circle UK SME Direct Lending Fund, the pension scheme will invest £30m, which will be used to back around 430 small business in the United Kingdom. Funding Circle chief capital officer Sachin Patel said, “Today’s announcement is further validation of the important role lending platforms play in making the SME loan asset class accessible to a wide range of investors. “We welcome the opportunity to work with Merseyside Pension Fund as the lead investor and we look forward to welcoming more investors in the near future.”. Funding Circle is a small business lender that helps to connect investors with businesses that wish to expand in the UK, US and Europe. Since its launch in 2010, the company has helped lend $7bn to over 68,000 businesses through 90,000 investors.

Read Full Details

Story Sources

altassets.net
Topics:
  • Business
  • Financial

Sunday, June 23


News

Barclays Reaffirms Equal weight Rating for Funding Circle (LON:FCH) – Rockland Register

FUN

Barclays Reaffirms Equal weight Rating for Funding Circle (LON:FCH) – Rockland Register. Funding Circle (LON:FCH)‘s stock had its “equal weight” rating reaffirmed by investment analysts at Barclays in a note issued to investors on Friday, June 7th, ThisIsMoney.Co.Uk reports. They set a “buy” rating and a GBX 310 ($4.05) target price for the company. Funding Circle has a twelve month low of GBX 216 ($2.82) and a twelve month high of GBX 440 ($5.75).

Read Full Details

Story Sources

rocklandregister.com
Topics:
  • Business
  • Financial

Saturday, June 22


News

Funding Circle (LON:FCH) Stock Rating Reaffirmed by Barclays – Mayfield Recorder

FUN

Funding Circle (LON:FCH) Stock Rating Reaffirmed by Barclays – Mayfield Recorder. Funding Circle (LON:FCH)‘s stock had its “equal weight” rating reaffirmed by investment analysts at Barclays in a research report issued on Friday, June 7th, ThisIsMoney.Co.Uk reports. They set a “buy” rating and a GBX 310 ($4.05) price objective on the stock. Funding Circle has a 1-year low of GBX 216 ($2.82) and a 1-year high of GBX 440 ($5.75).

Read Full Details

Story Sources

mayfieldrecorder.com
Topics:
  • Business
  • Financial

Tuesday, June 18


News

Carlson Capital Management Lowered Its Abbott Labs (ABT) Stake; Shorts at FUNDING CIRCLE HLDGS LTD ORDINARY SHARES (FDCHF) Raised By 36.44%

FUN ABT

The Carlson Capital Management holds 23,416 shares with $1.87 million value, down from 49,538 last quarter. Abbott: Suspected Shooter Has No Criminal History; 31/05/2018 – ABBOTT LABORATORIES – LAUNCH OF ITS AFINION 2 ANALYZER IN U.S; 18/04/2018 – ABBOTT LABORATORIES ABT.N FY2018 SHR VIEW $2.86 — THOMSON REUTERS l/B/E/S; 17/04/2018 – Abbott’s New Ensure® Max Protein Helps Americans Go for Their #HealthGoals; 18/04/2018 – ABBOTT LABORATORIES – QTRLY TOTAL DIAGNOSTICS SALES $ 1,837 MLN VS $1,158 MLN REPORTED LAST YEAR; 18/04/2018 – Abbott Labs 1Q Net $418M. With 2,600 avg volume, 295 days are for FUNDING CIRCLE HLDGS LTD ORDINARY SHARES (OTCMKTS:FDCHF)’s short sellers to cover FDCHF’s short positions. Iowa Bankshares invested 1.01% of its portfolio in Abbott Laboratories (NYSE:ABT). Oregon Public Employees Retirement Fund holds 449,498 shares.

Read Full Details

Story Sources

stocksbeat.com
Topics:
  • Business
  • Financial

Monday, June 17


News

Funding Circle set for fourth securitisation

FUN

FUNDING Circle is getting set for the fourth securitisation of a package of its small- and medium-sized enterprise (SME) loans. A statement from Deutsche Bank said it has been mandated as arranger and lead manager for SBOLT 2019-2, a transaction backed by “a portfolio of UK SME assets originated via the Funding Circle marketplace may follow, subject to market conditions.”. This was higher than Funding Circle’s second securitisation which was priced at 75 basis points, but lower than the 220 basis points on its first debt-packaging transaction in 2016. Commenting in April, Sachin Patel (pictured), chief capital officer at Funding Circle, the securitisation validated the “attractive, risk-adjusted returns that are being generated for investors in SME loans.”.

Read Full Details

Story Sources

p2pfinancenews.co.uk
Topics:
  • Business
  • Financial
News

Funding Circle (LON:FCH) Receives Equal weight Rating from Barclays – Tech Know Bits

FUN BARC

Funding Circle (LON:FCH) Receives Equal weight Rating from Barclays – Tech Know Bits. Funding Circle (LON:FCH)‘s stock had its “equal weight” rating reaffirmed by Barclays in a note issued to investors on Friday, June 7th, ThisIsMoney.Co.Uk reports. They issued a “buy” rating and a GBX 310 ($4.05) price target for the company. Funding Circle has a 1-year low of GBX 216 ($2.82) and a 1-year high of GBX 440 ($5.75).

Read Full Details

Story Sources

techknowbits.com
Topics:
  • Business
  • Financial

Saturday, June 15


News

Funding Circle’s (LON:FCH) “Equal weight” Rating Reaffirmed at Barclays – Rockland Register

FUN

Funding Circle’s (LON:FCH) “Equal weight” Rating Reaffirmed at Barclays – Rockland Register. Funding Circle (LON:FCH)‘s stock had its “equal weight” rating reaffirmed by research analysts at Barclays in a research report issued to clients and investors on Friday, June 7th, ThisIsMoney.Co.Uk reports. They set a “buy” rating and a GBX 310 ($4.05) price objective on the stock. Funding Circle has a 52 week low of GBX 216 ($2.82) and a 52 week high of GBX 440 ($5.75).

Read Full Details

Story Sources

rocklandregister.com
Topics:
  • Business
  • Financial

Friday, June 14


News

Top Funding Circle investor increases holding - AltFi News

FUN

Funding Circle is the largest P2P lending platform in the UK and is one of the first major UK fintechs to enter public equity markets. Funding Circle’s second largest investor, the Danish billionaire backer of ASOS, Anders Holch Povlsen has increased his stake in the P2P lending platform. The private holding company of Povlsen, had just over 10 per cent of the total share capital after agreeing to buy the shares in the Funding Circle IPO. The VC giant has backed Funding Circle through a number of rounds including its $2.5m Series A in 2011 where it was the sole investor through to its $100m Series F in January 2017.

Read Full Details

Story Sources

altfi.com
Topics:
  • Business
  • Financial