Funding Circle Announces Expansion to Canada
Funding Circle, the leading small business loans platform in the UK, US, Germany and the Netherlands, today announced its plans to enter the Canadian market and expand access to fast, affordable and transparent financing for Canadian small businesses.
Funding Circle will establish operations in Canada in the second half of 2019 with an office located in Toronto. The business will be led by Tom Eilon, who previously led the commercial strategy for Funding Circle in the United Kingdom.
“Funding Circle’s entry into the Canadian market is a fantastic addition to the thriving Fintech sector in Toronto, and a welcome added option for small business to access finance,” said Jennifer Reynolds, President and CEO, Toronto Finance International.