Here is a concise summary of the trading update from Funding Circle Holdings plc for the first half of 2025
Funding Circle Holdings plc, the UKs leading SME finance platform, released its trading update for the six months ended June 30, 2025. The company reported strong revenue and profit margin growth, with credit extended totaling £1.1 billion, a 21% increase from H1 2024. Balances under management stand at £2.8 billion. The Term Loans business showed improved profit margins and originations of £736 million. FlexiPay and the Cashback credit card also exhibited strong growth, surpassing £1 billion in credit extended since their launch.
Funding Circle remains on course to meet its medium-term targets, projecting revenue of over £200 million and profit before tax of more than £30 million for FY26. The company also announced its third share buyback program in May 2025, reflecting its commitment to returning capital to shareholders. CEO Lisa Jacobs expressed confidence in the companys momentum and its ability to support small businesses in the UK. The full results for H1 2025 will be published on September 4, 2025.