Funding Circle Delivers Strong H1 2025 Performance
Why we think this is very good
The trading update from Funding Circle indicates strong performance in the first half of 2025, with revenue and profit margin growth, as well as continued progress in new product offerings. The company remains confident in achieving its medium-term guidance, which suggests the business is performing well and executing on its strategic priorities.
Key Points
- Credit extended grew 21% year-on-year to £1.1 billion
- Term Loans business saw 6% growth in originations and improved profit margins
- FlexiPay and Cashback credit card offerings surpassed £1 billion in credit extended
- Group remains confident in achieving medium-term guidance for FY26
Summary
Funding Circle, the UK's leading SME finance platform, has delivered a strong trading performance in the first half of 2025. Credit extended grew 21% year-on-year to £1.1 billion, with balances under management reaching £2.8 billion. The company's Term Loans business continued to grow, with originations up 6% and improved profit margins. Funding Circle also saw strong growth in its FlexiPay and Cashback credit card offerings, with credit extended now surpassing £1 billion since launch. The Group remains confident in achieving its medium-term guidance of more than £200 million in revenue and more than £30 million in profit before tax for FY26.