Funding Circle Raises 2026 Guidance After Strong H1 Results

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Funding Circle Holdings plc raised its full-year 2026 outlook after reporting strong first-half growth in lending, revenue, and profit, supported by demand for its term loans, FlexiPay, and business card products. The company said credit extended rose 52% year over year to £1.7 billion in the first half, while revenue increased 50% to £138 million. Profit before tax climbed fourfold to £24 million, and assets under management rose 15% to £3.3 billion. Management increased its 2026 guidance to revenue of more than £255 million and profit before tax of more than £40 million, which would represent a doubling from the prior year. Funding Circle also announced plans for a further share buyback of up to £25 million once its current program concludes, having already repurchased about £72 million of shares since March 2024. Chief Executive Lisa intends to step down by the end of September 2027, allowing time for a successor transition.

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