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Funding Circle IPO one for the brave

Funding Circle IPO one for the brave

The Financial Conduct Authority may be running the slide rule over the peer-to-peer lending industry, but the UK’s largest operator, Funding Circle, is hoping investors will instead focus on the rapid lending growth. The group has set the price range for the upcoming offer at between 420p and 530p, which would give it a market capitalisation of up to £1.8bn.

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