Your Mark On The World

#69: Funding Circle Announces $65M Series D

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July 17, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1tTBSAv. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Funding Circle, a British crowdfunding site that provides business loans in the UK and the US that banks generally won’t make has announced a $65 million equity investment, perhaps the single largest venture round in the history of the crowdfunding industry. The company has indicated that the funds will be used to accelerate growth in existing markets and to explore additional international markets. According to a statement, the recent funding round was led by Index Ventures and includes existing investors. Bob Steel, CEO of Perella Weinberg Partners and former Under Secretary for Domestic Finance of the United States Treasury, will join the Funding Circle board. More about Funding Circle: Funding Circle (www.fundingcircle.com) is the world’s leading online marketp