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Funding Circle Holdings PLC - London-based lending platform focused on small and medium enterprises - Renews its ‘long-standing funding facility’ for its FlexiPay business unit, which provides flexible lines of credit for business expenses. Says the £320 million has been upsized from £240 million and extended for two years, ‘providing long-term funding to support the continued growth of Funding Circle’s multi-product offering.’ Says support continues from institutional investors, reflecting ‘the proven performance of Funding Circle’s proprietary technology and robust credit assessment capabilities.’ Intends to use the funding to grow FlexiPay, combined with its own equity. Says FlexiPay’s assets under management total £206 million, or 7% of the company’s AuM, as at December 31. Also notes that its 2025 results, published in early March, ‘showed strong momentum’ for FlexiPay with transactions rising 66% to £815 million. ‘We are delighted to renew our funding agreement to support continued FlexiPay growth,’ comments Chief Capital Officer Dipesh Mehta. ‘We are seeing the benefits of Funding Circle’s track record with this renewed two-year commitment. This is a testament to the quality of our platform and commitment to providing accessible and innovative financial products to the UK’s small businesses.’ Current stock price: 145.60 pence, up 3.3% on Tuesday in London 12-month change: up 42% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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