Evaluating Funding Circle’s Prospects in Canada

In their recent annual results Funding Circle announced they will be opening up in Canada later this year; today the peer to peer lending market in Canada has been dominated by Lending Loop in the small business lending space; there will be many challenges for Funding Circle with one of the major hurdles being on the regulatory front as other companies have taken years to be granted a license; but Funding Circle is already working with regulators, they have a strong brand and deep expertise in launching in international markets. Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!

[class^="wpforms-"]
[class^="wpforms-"]