Half Year 2024 Funding Circle Holdings PLC Earnings Call Transcript

Sep 05, 2024 / 08:30AM GMT
Lisa Jacobs - Funding Circle Holdings PLC - Chief Executive Officer

Good morning, and welcome to the Funding Circle Holdings half year 2024 results presentation. I am pleased with our performance in the first half. We're simpler, leaner, profitable business. We've seen strong growth in the first half, and we remain on track to deliver against further growth and profitability.

Today, I'll run through an overview of who we are, as a summary of our H1 performance and business updates before passing to Oliver for the financial review. With the UK's leading SME finance platform. To date in the UK, we have extended over GBP13.5 billion in credit to over 100,000 businesses. Our mission is to build a place where SMEs get the funding they need to win.

When businesses like 15 grams coffee featured on our front page, get finance. It has a big impact on the economy and communities through the UK. In 2023, lending through funding cycles supported 95,000 jobs. We offer a quick and slick way to get finance to enable SMEs to borrow for the long term with a range of time lines. Pay later, we have a line

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