Funding Circle Earns Silver Fair Payment Code Accreditation

Event summary

  • Funding Circle received Silver Fair Payment Code accreditation on January 28, 2026.
  • The accreditation requires paying at least 95% of invoices within 60 days, with 95% of small business invoices paid within 30 days.
  • The Fair Payment Code is managed by the Office of the Small Business Commissioner.
  • Funding Circle has extended approximately £17bn in credit to over 125,000 UK businesses since 2010.

The big picture

Funding Circle’s accreditation underscores the growing emphasis on ethical payment practices in fintech, particularly as SMEs face persistent cash flow challenges. The move aligns with broader regulatory trends favoring transparency and fairness in supplier relationships, potentially setting a new benchmark for the industry. With £17bn in credit extended, Funding Circle’s commitment could amplify its competitive edge in the UK’s SME finance sector.

What we're watching

Governance Dynamics
How Funding Circle’s adherence to the Fair Payment Code will influence its reputation among SMEs and investors.
Regulatory Compliance
Whether the accreditation will drive competitors to adopt similar standards, tightening industry-wide payment practices.
Operational Efficiency
The pace at which Funding Circle can maintain these payment standards while scaling its lending operations.

Related topics

Fintech