It looks like another billion-dollar startup has been born, but this time it’s not based in the United States. Funding Circle, which is based in London, has just raised $150 million in funding to achieve a valuation exceeding $1 billion to expand its peer-to-peer investment platform. This platform make sit easier for small businesses to get their hands on loans and for investors to put in the money to actually finance those loans.
Funding Circle raises $150 million to expand its P2P lending platform
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