Leading Fintech Analytics Platform dv01 Announces Reporting Partnership with Funding Circle

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Leading Fintech Analytics Platform dv01 Announces Reporting Partnership with Funding Circle

PR Newswire

NEW YORK, Oct. 11, 2018 /PRNewswire/ -- dv01, the leading reporting and analytics platform that brings transparency to lending markets, today announced a reporting partnership with Funding Circle, the leading small and medium enterprise ("SME") loans platform in the UK, US, Germany and the Netherlands1. Institutional investors who use dv01 to conduct analysis on marketplace lending and mortgage loans and bonds now have access to Funding Circle's US SME loan performance data on dv01.

"We are excited to partner with Funding Circle and make their US data available to investors on dv01," said Perry Rahbar, founder and CEO of dv01. "Funding Circle is a leader in small business finance and we are looking forward to working with them as they scale their business in the United States, making it easier for investors to analyze their rich performance dataset."  

Funding Circle's platform connects SMEs seeking finance with investors who want to lend in the UK, US, Germany and the Netherlands. Since launching in 2010, investors across Funding Circle's geographies – including more than 80,000 retail investors, banks, asset management companies, insurance companies, government-backed entities and funds – have funded more than $7 billion in loans to over 50,000 businesses globally.  In total Funding Circle has facilitated $1.5 billion in loans to date to US small businesses.

Under the partnership, dv01 has normalized and validated all of Funding Circle's US data. Investors who have been approved to view Funding Circle's data will have 24/7 access to updated loan level performance and composition details, as well as a suite of reporting and analytics tools. 

"Like dv01, transparency is at the heart of Funding Circle's business model," said Bernardo Martinez, Funding Circle US managing director. "Our partnership with dv01 gives us a new way to be open with institutional investors interested in this asset class."

About dv01:  dv01 is a reporting and analytics platform that offers institutional investors transparency and insight into consumer lending and mortgage markets. dv01 has integrated data from 15 marketplace lending platforms and multiple mortgage servicers.  To date, dv01 has provided reporting and analytics on $85 billion of marketplace loans, representing >90% of the market and $35 billion of securitization coverage. With a focus on data management and transparency, dv01 has expanded in mortgages as well. Learn more at dv01.co.

About Funding Circle
Funding Circle (www.fundingcircle.com) is a global SME loans platform, connecting SMEs who want to borrow with investors who want to lend in the UK, US, Germany and the Netherlands. Since launching in 2010, investors across Funding Circle's geographies - including more than 80,000 retail investors, banks, asset management companies, insurance companies, government-backed entities and funds - have lent more than £5 billion to over 50,000 businesses globally.

Media Contact:
Perry Rahbar
media@dv01.co 
(646) 854-5258

1By Q1 2018 Funding Circle originations for the United Kingdom and the Netherlands, and cumulative originations for the United States and Germany, according to OC&C analysis and estimates.

 

View original content:http://www.prnewswire.com/news-releases/leading-fintech-analytics-platform-dv01-announces-reporting-partnership-with-funding-circle-300729402.html

SOURCE dv01

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