Funding Circle renews funding agreement

Funding Circle Holdings PLC has renewed its funding agreement for its FlexiPay business, increasing the facility to £320 million for a two-year term, up from £240 million. This renewed backing from institutional investors supports the growth of Funding Circle's multi-product offering, including its flexible payment product and cashback credit card, leveraging its AI-powered credit models which demonstrate superior risk discrimination. The FlexiPay business had £206 million in assets under management as of December 31, 2025, and saw transactions grow 66% to £815 million in 2025, indicating strong momentum.