ABF WatchEuropean Fintech Credit TrackerUpdated

Deals / 12 Feb 2026

Funding Circle: Forward flow, £700m

Waterfall committed £700m of forward flow over two years to fund Funding Circle's shorter-term loan product, with senior financing from Citi.

Borrower
Funding Circle, United Kingdom · Marketplace lender
Announced
Facility
Forward flow · New
Size
£700m
Funders
Asset class
SME loans
Assets originated in
United Kingdom
Notes
Waterfall also bought an existing loan portfolio of about £120m, not included in the amount.
Source quality
Confirmed: announced by the borrower or a funder itself. How we check
Last checked
7 Nov 2026

Sources

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