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Funding Circle still burning cash

The peer-to-peer lender says it is on a "profitable trajectory"
Funding Circle still burning cash

Amid a flurry of promises by banks and governments to support small and medium enterprises, Funding Circle (FCH) can lay claim to getting there first. Last year, a report co-authored by the peer-to-peer outfit and think tank Oxford Economics found that in 2018 alone, the platform leant £200m more than the entire UK banking system.

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