The company combines proprietary AI-powered credit models with a human touch to provide a seamless experience allowing SMEs to borrow, pay later, and spend through a single ecosystem. Funding Circle's strategy involves testing new propositions on balance sheet before scaling with institutional partners once R&D is complete.
Cyborg Score Rationale
FY 2025 revenue reached £204 million, up 28% year-on-year, with profit before tax of £20 million, exceeding market expectations. Overall credit extended for the year was £2.5 billion, an increase of 29% from FY 2024. The company demonstrates operational momentum with secured institutional funding partnerships.
Top Insights
FY 2026 revenue guidance of over £200 million was achieved a year early, prompting updated guidance announcement on March 5, 2026
FlexiPay and Cashback credit card transactions reached £815 million in FY 2025 (up from £491 million), with balances under management growing to £206 million
Waterfall Asset Management committed £700 million in forward flow funding over two years with senior financing from Citi
Apple Pay launch for Cashback credit card and FlexiPay customers enhances digital payment ecosystem
Named Competitors
SME Lending Platform — UK-based alternative finance for SMEs
SME Loans — Relationship banking for growth businesses
Business Credit Products — Digital finance and payments for SMEs
Recent Developments
(February 2026) £700 million forward flow deal with Waterfall Asset Management and Citi
(January 2026) Apple Pay integration for Cashback and FlexiPay cards