P2P giant Funding Circle receives full FCA authorisation

The company, which was launched in 2010 and allows people and organisations to lend to small businesses, said any such move would still be subject to HMRC approval. Funding Circle UK managing director and co-founder James Meekings said: "Our vision is to support thousands of people across the UK to earn stable, industry leading returns by lending directly to small businesses. With more than 60,000 investors now regularly lending through Funding Circle, we are on track to becoming a mainstream investment choice for investors up and down the country." He added: "By bringing together ind...