Latest Views & News

Funding Circle gets so desperate that it asks me if I would like a loan?

By Chris Bailey of Financial Orbit | Sunday 8 December 2019

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Whilst the country is a matter of days from an important political decision, back in the world of markets and companies, I see my old pals at Funding Circle (FCH) are continuing to struggle with a sub one quid share price and a variety of excitable press disclosures including the introduction of a 1.25% exit charge for investors wishing to re-sell their loans in order to turn their savings back into cash.  And naturally it is not as if the ball has been smashed out of the park in terms of returns and related.  

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was