Sells US business then gives £25million to shareholders - Anonymous employee Funding Circle Employee Review

Today Funding Circle announced its selling the US business because even though it’s forecasted to make a profit, it’s too expensive to invest in. So, it will focus on the UK instead… by giving £25million to shareholders because the market undervalues the company. That’s £25,000/employee When someone asked what’s the impact of the company being undervalued, we’re told it feels better and more fun to work for a company that is not undervalued by the market. Our office has posters saying 90% of people are worried about money, and that financial advice is available. But we have to pay for it. It would be comical if it weren’t so sad