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UK-based small business financing platform Funding Circle has reported impressive financial results for the first half of the year, alongside a leadership transition plan. The company achieved a record revenue of £138.2 million for the six-month period ending June 30, representing a 50% increase compared to £92.3 million recorded in the same period last year. Profit before tax saw a quadrupling to £24.1 million, reflecting operational efficiency and strong demand for alternative business funding.
