DJ Funding Circle Plc: Half Year 2023 Results Funding Circle Plc (FCH) Funding Circle Plc: Half Year 2023 Results 07-Sep-2023 / 07:00 GMT/BST=----------------------------------------------------------------------------------------------------------------------
Funding Circle Plc Funding Circle Plc: Half Year 2023 Results 07-Sep-2023 / 07:00 GMT/BST =---------------------------------------------------------------------------------------------------------------------- Funding Circle Holdings plc Half Year 2023 Results Embargoed until 7.00am, 7 September 2023 HALF YEAR PERFORMANCE IN LINE WITH EXPECTATIONS GOOD PROGRESS EXECUTING ON MEDIUM-TERM PLAN Funding Circle Holdings plc today announces results for the six months ended 30 June 2023.
-- Net investment income was GBP4.1m and, in line with expectations, continues to reduceeach half as investments amortise down. To watch and listen to the webcast, with the opportunity to submit written questions, please use this link to register and gain access to the event. For institutional investors, Funding Circle provides access to an alternative asset class in an underserved market, with robust and attractive returns.Forward looking statements and other important information:
-- Technology and data drive a superior customer experience and sustained competitive advantage? Group Net Promoter Score of 76 and Trustpilot score of 4.6 stars. ? 3x better risk discrimination than traditional bureau scores, delivering high conversion and robustand attractive loan returns. As expected, UK Loans business originations were down against H1 2022, when it was operating under the second iteration of the UK government-guaranteed RLS. Since we reported in March 2023, the UK economic recovery has been slower than we anticipated.
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