FinTech Firm Funding Circle Reportedly Eyeing £1bn Float

UK peer-to-peer lending platform Funding Circle is eyeing an IPO.

According to Sky News, the firm is reportedly looking to hire advisers to oversee a £1bn-plus flotation in London, which could happen as soon as late autumn.

The firm, which launched in 2010, made headlines last year after it announced a $100m investment round led by Accel.

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