Funding Circle IPO [Challenger Lender]

Discussion of the proposed Cashback Investment Club

Moderator: CIC officers

AAAlphaThunder
Posts: 25025
Joined: Tue Sep 14, 2010 8:23 pm
Has thanked: 213 times
Been thanked: 3652 times
Contact:

Funding Circle IPO [Challenger Lender]

Post by AAAlphaThunder » Mon Sep 03, 2018 6:57 pm

Yet to make a profit but Funding Circle are due to offer their shares via an IPO. They have some big name investors.
Today they announced plans to become a public company worth over £1.5bn, a UK-born company which is the number one peer-to-peer lender to small business in the UK, US, Germany and the Netherlands.

And Funding Circle is just one of a new crop of fintech companies, that may prove to be a real threat to the traditional banking industry.
https://www.bbc.co.uk/news/business-45394286

https://www.bbc.co.uk/news/business-45401634

Thoughts?
Thanked by: garindan
[Secretary] imutual Cashback Investment Club

parchedpeas
Posts: 340
Joined: Tue Jun 29, 2010 1:34 pm
Has thanked: 190 times
Been thanked: 378 times
Contact:

Re: Funding Circle IPO [Challenger Lender]

Post by parchedpeas » Wed Sep 05, 2018 9:15 pm

Bunch of crooks. p2pindependent forum has loads on there about some of the property loans they've issued, without really doing due dilligence.

Once to tread carefully with.
Thanked by: garindan

AAAlphaThunder
Posts: 25025
Joined: Tue Sep 14, 2010 8:23 pm
Has thanked: 213 times
Been thanked: 3652 times
Contact:

Re: Funding Circle IPO [Challenger Lender]

Post by AAAlphaThunder » Thu Sep 06, 2018 8:20 am

parchedpeas wrote:Bunch of crooks. p2pindependent forum has loads on there about some of the property loans they've issued, without really doing due dilligence.

Once to tread carefully with.
Thanks for your feedback. This is exactly what we need, good honest feedback as to why a particular should / should not be bought.
Thanked by: garindan
[Secretary] imutual Cashback Investment Club

Post Reply

Who is online

Users browsing this forum: No registered users and 2 guests