Lisa Jacobs
CEO & Executive Director
Good morning, everyone, and thank you for joining us for our half year results presentation.
It’s been a strong first half for Funding Circle. We delivered profitable growth, continued to innovate for our customers and made good progress against our strategic priorities, thanks to the hard work of our dedicated and passionate team of Circles. Today, I’m going to take you through our performance in the first half of the year, and then Tony, our CFO, will take you through the financials in more detail. After that, I’ll wrap up with a look ahead, focusing on our strong position to deliver further growth and margin expansion. We’re the U.K.’s leading SME finance platform, enabling businesses to borrow, pay later and spend. We operate in a large and underserved market, serving SMEs from [indiscernible] manufacturers and design agencies to fine art boundaries like Powderhall Bronze in Edinburgh featured on the cover page.
We deliver a superior customer experience to them and strong loan returns to our platform investors, powered by our proprietary data and technology. We’ve been backing small businesses for the last 15 years. Over that time, we’ve extended GBP 16 billion of credit to over 110,000 U.K. businesses. The impact we have is significant and one of the things of which I’m most proud. When we back small businesses with finance, whether that’s a bakery in Leeds, a chocolate manufacturer in Somerset or a furniture maker in the Midlands, we play a small part
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