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An announcement from Funding Circle Holdings Limited ( (GB:FCH) ) is now available.
Funding Circle Holdings plc addressed a recent article in the Times regarding a legal case involving two loans that defaulted in 2020 and were sold to Azzurro. The company confirmed the enforceability and validity of the loans and personal guarantees, and expressed confidence in a favorable outcome for Azzurro in the upcoming trial.
More about Funding Circle Holdings Limited
Funding Circle Holdings plc is the UK’s leading SME lending platform, focused on providing small businesses with the funding they need through a data and technology-driven customer experience. It offers institutional investors access to an alternative asset class with attractive returns. Globally, Funding Circle has extended over £16bn in credit to approximately 150,000 businesses.
YTD Price Performance: -5.60%
Average Trading Volume: 712,327
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £382.2M
See more insights into FCH stock on TipRanks’ Stock Analysis page.