Funding Circle’s Largest Securitization

Deutsche Bank has shared details of Funding Circle’s fourth securitization which will be their largest to date; it includes 3,030 loans with a total balance of £244m and an average interest rate of 9.91%; their last deal back in April was a £187m deal sponsored by Pollen Street Capital; only Funding Circle and Zopa have completed securitizations in the p2p lending sector. Source