Funding Circle stuck in a tailspin

Europe
On the 03.18.20 at 7:58AM

by

Pauline Armandet

The fintech plans to pull out of Europe, announcing 125 layoffs at its Berlin and Amsterdam units.

Funding Circle just keeps dropping. The UK crowdfunding specialist has announced plans to pull out of Europe. In 2019, it wrote off a £34.3m loss on its Dutch and German businesses.

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